Kalpataru bags orders worth Rs. 588 cr in international markets.

Kalpataru Power Transmission Ltd. (KPTL) recently said it has secured new orders worth Rs. 588 crore in the international markets.

“Our total order inflows for 2018-19 is approximately Rs. 8,500 crore and we are favourably placed/ L1 in orders of Rs. 1,800 crore. Given the order book and visibility, we are confident of delivering healthy growth in revenue and profitability for 2019-20,” KPTL MD and CEO Manish Mohnot said in the statement.

KPTL is a specialised engineering procurement and construction company engaged in power transmission and distribution, oil and gas pipeline, railways, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.

The company is currently executing several contracts in India, Africa, West Asia, CIS, SAARC and the Far East.

HBL