M.E. Energy Secures Rs. 80.28 Crore in Orders, Expands into Ferro Alloys Sector
M.E. Energy Pvt. Limited, a wholly owned subsidiary of Kilburn Engineering, has secured orders worth Rs. 80.28 crore. This includes a Rs. 51 crore contract for a 12 MW Waste Heat Recovery Power Plant in the ferro alloys sector, marking the company's entry into this new market. Additionally, they received a repeat order of Rs. 17.70 crore from Shree Cement Limited for biomass-fired Hot Air Generator systems. These orders demonstrate M.E. Energy's expansion in clean energy and industrial heating solutions across various industries.

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Kilburn Engineering 's wholly owned subsidiary, M.E. Energy Pvt. Limited, has recently secured orders worth Rs. 80.28 crore, marking a significant milestone in the company's growth trajectory. The orders include a major contract for a waste heat recovery power plant and a repeat order from a leading cement manufacturer.
Entry into Ferro Alloys Sector
The company has made a notable entry into the ferro alloys sector with a Rs. 51.00 crore contract for a 12 MW Waste Heat Recovery (WHR) based Power Plant. This project represents a strategic expansion of M.E. Energy's portfolio beyond its traditional sectors of oil & gas, cement, and steel.
The WHR power plant will:
- Harness high-temperature furnace flue gases
- Generate clean energy through two Waste Heat Recovery Boilers (WHRB)
- Implement a captive power system
This innovative solution is expected to enhance the client's profitability while contributing to their sustainability efforts.
Repeat Order from Shree Cement
In addition to the ferro alloys project, M.E. Energy has received a repeat order worth Rs. 17.70 crore from Shree Cement Limited. This order involves:
- Supply, installation, and commissioning of non-conventional biomass fuel fired Hot Air Generator (HAG) systems
- Implementation at grinding units in Rajasthan and Uttar Pradesh
- Utilization of paddy straw as fuel
- Inclusion of fuel handling and auxiliary systems
These HAG systems are designed to provide sustainable heating solutions for cement production, further cementing M.E. Energy's position in the industrial heating sector.
Management Commentary
Mr. K. Vijay Kartha, Managing Director of M.E. Energy Pvt. Ltd., expressed enthusiasm about the company's recent achievements: "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."
Mr. Amritanshu Khaitan, Director of Kilburn Engineering Ltd., added a group perspective: "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."
Conclusion
These recent orders, totaling Rs. 80.28 crore, underscore 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. The company's expansion into the ferro alloys sector and the repeat business from established clients signal promising growth prospects for M.E. Energy and its parent company, Kilburn Engineering Limited.
Historical Stock Returns for Kilburn Engineering
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.13% | +1.27% | +0.15% | +38.83% | +31.73% | +3,027.65% |