Kalpataru Power Transmission Limited receives new orders of Rs. 1263 crores.

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders / notification of award of approximately Rs. 1,263 Crores. The details are as follows:

- Order from PGCIL and South America in T&D business

- Orders for design, supply, erection, testing & commissioning for railway electrification, including OHE, TSS & associated works in India from RVNL

- EPC order for oil & gas pipeline laying and associated works in India from IOCL

- KPTL's international subsidiary has secured new T&D projects in Europe

Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said "We are delighted with the new order wins in our T&D, Railways and Oil & Gas business. Our order book continues to grow on the backdrop of these new orders and further helps us to strengthen our leadership position in the businesses that we operate. Our diversified order book combined with L1 position of approx. Rs.2,300 Crores gives us confidence to meet our revenue and profitability guidance for FY19-20."

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