Kalpataru Power Transmission Ltd (KPTL), along with its subsidiaries, has received new orders worth Rs.1,842 crore, the Mumbai-headquartered company said in a release.
The new orders are:
- Metro rail electrification (India, secured in joint venture/consortium)
- Composite railway project (India, secured in joint venture/consortium)
- Power T&D orders (India and overseas)
- Orders in Building & Factories segment (India)
No further details on these orders were specified in the release.
With these new orders, the cumulative order inflow of KPTL in FY23 so far reached around Rs.8,000 crore. Besides, the company has L1 position in orders worth around Rs.7,000 crore.
Also read: Kalpataru Power Sees Business Opportunity From Green Energy Corridors
According to Manish Mohnot, MD & CEO, KPTL, “With the above orders, our current year order inflows have reached approximately Rs.8,000 crore and additionally we have L1 position of over Rs.7,000 crore, which provides us with good visibility to achieve targeted consolidated revenue growth in excess of 15 per cent for FY23.”
Featured photograph is for representation only.
