Hyderabad-based Megha Engineering bags Rs 12,800 crore order for building nuclear reactors in Karnataka

Megha Engineering bagged the Rs 12,800 crore purchase order for building nuclear rectors in Karnataka. The MEIL ventures into nuclear energy field with this contract

Hyderabad: The city-based Megha Engineering & Infrastructure Ltd. (MEIL) has bagged a purchase order worth Rs 12,800 crore EPC contract from the Nuclear Power Corporation of India Limited (NPCIL) for building two 700 MWe nuclear reactors—Kaiga Units 5 and 6—in Karnataka. This is the biggest ever order placed by the NPCIL and marks MEIL’s first major step into the nuclear energy sector, a company press release said here on Wednesday.

The order was formally handed over MEIL Director (Projets) Ch. P. Subbaiah. “This is a moment filled with pride, recognition, and a deep sense of responsibility for the MEIL”, the company said.

The NPCIL had, for the first time, used the Quality-cum-Cost-Based Selection (QCBS) method for awarding this project to strike a balance between quality and cost. The MEIl was chosen in tight competiion with industry giants like BHEL and L&T, for its strong technical approach and competitive pricing, a company spokesman said.

With a solid track record of delivering large-scale projects across India and abroad, MEIL is stepping into this new responsibility with a strong sense of purpose and dedication. This step into nuclear energy adds a new chapter to MEIL’s journey and strengthens its growing role in shaping India’s infrastructure and energy future, the note added.