{
  "id": 3468988,
  "title": "MTAR Technologies Secures ₹126.7 Crore Order From Nuclear Power Corporation",
  "url": "https://urgent.news/2026/08/26/mtar-technologies-secures-126-7-crore-order-from-nuclear-power",
  "topic": "world",
  "section": "World",
  "published": "2026-08-26T08:02:37.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/mtar-technologies-secures-1267-crore-order-from-nuclear-power-corporation"
  },
  "original_language": "en",
  "account": "Mumbai: On August 26, 2026, MTAR Technologies announced they had secured a purchase order worth Rs 126.74 crore from the Nuclear Power Corporation of India Limited. The order pertains to the supply of coolant channel assemblies for the refurbishment of the RAPS-4 and MAPS-2 reactors. This deal follows their existing business relationship with the customer. Completion of the order is expected by May 26, 2028. The transaction is domestic in nature.\n\nParvat Srinivas Reddy, MTAR's Managing Director, highlighted the company's significant achievement in securing a major order in the civil nuclear sector. He further stated that MTAR's nuclear order book now exceeds Rs 775 crore, representing the company's all-time high in this domain, with a positive long-term outlook for the sector.\n\nMTAR confirmed that the awarding entity, Nuclear Power Corporation of India Limited, is neither a promoter nor a part of the promoter group, and this transaction does not involve related-party transactions. This story is based on company exchange filings and serves informational purposes only. Investors are advised to assess risks before making any decisions.",
  "summary": "Mumbai: MTAR Technologies on Monday, 26 August 2026, announced it has received purchase orders valued at Rs 126.74 crore from Nuclear Power Corporation of India Limited. Order Details The orders are for the supply of coolant channel assemblies intended for the refurbishment of the RAPS-4 and MAPS-2 reactors. This transaction marks a continuation of regular business with an existing customer.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}