MEIL receives purchase order for Rs 12,800 crore nuclear power project in Karnataka from NPCIL

Hyderabad: Hyderabad based infra giant Megha Engineering & Infrastructure Ltd (MEIL) has formally received the Purchase Order for a Rs 12,800 crore EPC contract from the Nuclear Power Corporation of India Limited (NPCIL) to construct two 700 MWe nuclear reactors—Kaiga Units 5 & 6—in Karnataka.

This is the biggest-ever order placed by NPCIL and marks MEIL’s first major step into the nuclear energy sector.

The order was formally handed over at NPCIL’s Mumbai headquarters to MEIL projects director Ch P Subbaiah, and his team.

For the first time, NPCIL used the Quality-cum-Cost-Based Selection (QCBS) method for awarding this project—striking a careful balance between quality and cost. Competing with industry giants like BHEL and L&T, MEIL was chosen for its strong technical approach and competitive pricing.

This project goes beyond engineering. It’s about contributing to a stronger, self-reliant India. For MEIL, it’s a meaningful leap into a sector that plays a key role in powering the nation’s growth story, said Subbaiah.

The leadership of MEIL shared their heartfelt confidence in the team’s ability to deliver the project on time—while maintaining the highest standards of safety, quality, and care.

MEIL is one of India’s leading infrastructure companies, with a wide-ranging presence across sectors including power, water, hydrocarbons, irrigation, oil & rigs, defence, transport, compressed gas distribution, electric mobility—and now, nuclear energy.