M.E. Energy Secures ₹80.28 Cr Orders with Repeat Business from Shree Cement

M.E. Energy Pvt. Ltd., a wholly owned subsidiary of Kilburn Engineering Ltd. and a leading Indian engineering company specializing in energy recovery and energy cost reduction solutions, has secured multiple prestigious orders with a total value of ₹80.28 crore in the current quarter, further consolidating its position as a trusted partner in the energy and industrial heating space.

An order valued at ₹51 crore marks M.E. Energy's entry into the ferro alloys sector with the execution of a 12 MW Waste Heat Recovery (WHR) based Power Plant. The project will harness high-temperature furnace flue gases to generate clean energy through two Waste Heat Recovery Boilers (WHRB) and a captive power system, enhancing profitability and contributing to the sustainability efforts of the client. This entry broadens M.E. Energy's footprint beyond oil & gas, cement, steel, and other energy-intensive industries, opening new growth avenues.

In addition, the company has received a repeat order worth ₹17.7 crore from Shree Cement Limited for the supply, installation, and commissioning of non-conventional biomass fuel (paddy straw) fired Hot Air Generator (HAG) systems for its grinding units in Rajasthan and Uttar Pradesh. These HAG systems, equipped with fuel handling and auxiliary systems, are designed to deliver sustainable, energy-efficient heating for cement production.

Commenting on the developments, Mr. K. Vijay Kartha, Managing Director, M.E. Energy Pvt. Ltd., said: "Our entry into the ferro alloys sector through this 12 MW WHR project is an exciting development in M.E. Energy's growth journey. At the same time, the repeat order from Shree Cement reflects the deep trust our long-standing clients place on us. Together, these wins highlight our leadership in delivering both innovative waste heat recovery solutions and reliable industrial heating systems, creating lasting value through efficiency and sustainability."

Adding a group perspective, Mr. Amritanshu Khaitan, Director, Kilburn Engineering Ltd., said: "These order wins strengthen our conviction in the potential of M.E. Energy. With the capex committed, the company is well-positioned to scale up its turnover multi-fold in the years to come, further enhancing its role as a leading player in the clean energy and industrial heating sectors."

These orders, secured in the current quarter, demonstrate M.E. Energy's strong execution capabilities and reinforce its leadership in waste heat recovery, captive power generation, and non-conventional fuel-based industrial heating solutions across core industries.

Shares of KILBURN ENGINEERING LTD. was last trading in BSE at Rs. 553.05 as compared to the previous close of Rs. 550.65. The total number of shares traded during the day was 52077 in over 1351 trades.

The stock hit an intraday high of Rs. 555.00 and intraday low of 546.00. The net turnover during the day was Rs. 28714922.00.

Source : Equity Bulls

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KILBURNENGINEERING INE338F01015 IndustrialMachinery MEEnergy OrderWin