Published On:June 29 2019
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Kalpataru Power Transmission Ltd. receives new orders of Rs. 975 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 ~ Rs. 975 Crores. The details are as follows:
- EPC order for pipeline laying and associated works in India
- Two orders for design, supply, erection, testing & commissioning for railway electrification, including OHE, TSS & associated works
- 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 across all our businesses. The Oil & Gas and Railway orders along with the international T&D orders will help in strengthening our position in the respective businesses. These order wins helps us to further consolidate our order book and gives us confidence to meet our revenue and profitability guidance for FY19-20."
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