Kalpataru Power Transmission clinches new orders worth Rs.1,345 crore
- September 6, 2022
Kalpataru Power Transmission Ltd (KPTL) has announced the winning of new orders aggregating Rs.1,345 crore.
In a stock exchange notification, Mumbai-headquartered Kalpataru Power said that it has secured new notification of awards amounting to Rs.1,345 crore.
The company provided the following details of the orders:
- Power T&D orders in India and overseas markets
- Pipeline laying works (secured in joint venture/consortium)
- Metro rail electrification works in India (secured in joint venture/consortium)
Also read: Kalpataru Power Wins New Orders Worth Rs.1,842 Crore
Commenting on the orders, Manish Mohnot, Managing Director & CEO, KPTL said “We are pleased with the new order wins secured across our business verticals. The order wins in the T&D and pipeline business help us to further consolidate our order book and establish leadership in key markets. The second metro rail electrification order strengthens our Railways business in new and emerging infrastructure segments. These orders along with the existing order book reaffirm our confidence to achieve targeted growth going forward.”
