Mumbai, June 12 -- The stock had fallen 15.55% over the previous two trading sessions, including an 11.41% decline on Thursday, amid concerns that the proposed project had been paused following reports that Crusoe was no longer involved in its development.

The concerns stemmed from MTAR's close relationship with Bloom Energy, a leading provider of solid oxide fuel-cell systems. MTAR manufactures and supplies critical hot box assemblies used in Bloom Energy's fuel-cell platforms.

The Wyoming project, a planned 1.8-gigawatt AI-focused data centre campus, had attracted attention because part of its power requirements were expected to be met using Bloom Energy's fuel-cell technology. Investors feared that any delay or cancellation of the pr...