MTAR Technologies has received an export order for $29.82 million (approximately Rs 220 crore) from Bloom Energy, USA. This order is for export of Yuma Hot Boxes and associated components for Bloom Energy to be delivered over the four quarters of the calendar year 2022.
This is the largest single order ever received by MTAR and demonstrates the customer confidence that MTAR has built over time. This order will clearly support the growth targets that MTAR has set for itself.
MTAR Technologies is a leading precision engineering solutions company engaged in the manufacture of mission critical precision components with close tolerances (5-10 microns).