New Delhi: Megha Engineering & Infrastructure Ltd (MEIL) said on Wednesday that it has received an order worth about Rs 13,000 crore from the Nuclear Power Corporation of India Ltd (NPCIL) for supplying two nuclear reactors of 700 megawatt (MW) each. The order marks MEIL's foray into the nuclear energy sector, the company said in a statement.
MEIL said it has "formally received a purchase order for Rs 12,800 crore from the Nuclear Power Corporation of India Ltd (NPCIL) to construct two 700 MWe nuclear reactors -- Kaiga Units 5 & 6 -- in Karnataka." The order has been secured Quality-cum-Cost-Based Selection (QCBS) process route conducted by NPCIL.
"Competing with industry giants like BHEL and L&T, MEIL was chosen for its strong technical approach and competitive pricing," it said. Hyderabad-based MEIL is one of India's leading infrastructure companies, with a wide-ranging presence across sectors including power, water, hydrocarbons, irrigation, oil and rigs, defence, transport, compressed gas distribution, and electric mobility.
