KPTL received new orders of worth Rs 1,145 Cr
Shalini | Myequity news | Date : 28-09-2018 16:40:00 IST
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.1,145 Crores. The details are as follows:
* Two orders totalling Rs.644 Crores for design, supply and construction of 500 kV and 230 kV transmission lines in CIS and Africa region, respectively
* Composite order for railway infrastructure construction from RVNL for Rs.502 Crores in a consortium. Project is awarded in JV with JMC and EESPL
Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said ͞,"The new orders will help KPTL to further strengthen its presence in CIS and African geographies and sets a solid base for growth in our international business. The order in our railway business highlights our commitment to establish KPTL as a leading Railway EPC player. We are confident of meeting our guidance for financial year 2018-19." About Kalpataru Power Transmission Limited (KPTL) :
KPTL is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution. The company is currently executing several contracts in India, Africa, Middle East, CIS, SAARC and Far East.