M.E. Energy Secures a Rs.49 crore order in Ferro Alloys Sector for a Waste Heat Recovery Based Power Plant

M.E. Energy Pvt Ltd., a wholly owned subsidiary of Kilburn Engineering Ltd. and a leading Indian engineering company specializing in energy recovery and cost reduction solutions, has secured its second consecutive major order valued at Rs. 49 crore in the Ferro Alloys sector for the Engineering Procurement Construction (EPC) Contract for a 12 MW Waste Heat Recovery Based Power Plant (WHRPP).

This repeat order highlights the growing trust of the Ferro Alloys industry in M.E. Energy's capabilities to deliver reliable, efficient, and sustainable energy solutions tailored to high-temperature process industries. The project will contribute significantly to energy efficiency and carbon footprint reduction by converting waste heat into clean power.

Speaking on the achievement, Mr. K. Vijaysanker Kartha, Managing Director, M.E. Energy Pvt. Ltd., said, "Securing a second order in the Ferro Alloys segment reinforces our strong technical credibility. It's a proud moment for our team as we continue to support our customers in achieving operational sustainability and cost efficiency through innovative waste heat recovery solutions."

Mr. Amritanshu Khaitan, Director, Kilburn Engineering Ltd., added: "M.E. Energy's focused expansion into new sectors such as cement and ferro alloys is beginning to yield strong results. We are encouraged by the traction we're seeing in these industries and remain confident of further success as we continue to deepen our presence in the steel and carbon black segments as well. These achievements reaffirm our strategy of driving sustainable growth through innovation, technology, and energy efficiency."

With this latest order, M.E. Energy has surpassed its total order booking of the previous financial year, achieving a booking of ₹138 crores of external orders so far this year, excluding in-house projects being executed for Kilburn Engineering Ltd. The company anticipates continued growth in the second half of FY26, supported by a strong project pipeline and increasing adoption of waste heat recovery solutions across industries.

This augurs well for the overall growth of the business and ensures sustained momentum going into FY27, strengthening M.E. Energy's position as a leading player in the industrial energy optimization space.

Shares of KILBURN ENGINEERING LTD. was last trading in BSE at Rs. 566.85 as compared to the previous close of Rs. 564.90. The total number of shares traded during the day was 47242 in over 675 trades.

The stock hit an intraday high of Rs. 569.70 and intraday low of 561.00. The net turnover during the day was Rs. 26693048.00.

Source : Equity Bulls

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