Kalpataru Power Transmission bags orders worth ₹900 crore

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Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth ₹900 crore in the domestic and overseas markets.

The company said it has won orders in the transmission and distribution (T&D) business from the overseas market.

In a regulatory filing, Kalpataru Power Transmission Ltd said it has secured new orders/notification of award of about ₹900 crore.

Also read: IndiGrid to buy 74% stake in Parbati Koldam Transmission

KPTL said it has also bagged engineering, procurement and construction orders for pipeline laying and associated works in India.

KPTL Managing Director and CEO Manish Mohnot said: “Our current year order inflow is in excess of ₹5,400 crore and we are favourably placed in projects of over ₹2,000 crore. We continue to be on track to achieve our targeted numbers for the current financial year.”

Shares of Kalpataru Power Transmission Ltd were trading 2.63 per cent higher at ₹316.05 apiece on the BSE in morning trade.

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