Kalpataru Power Transmission Ltd (KPTL) on Tuesday said it has secured new orders of of Rs. 901 crore. In a filing to BSE the company said it has won a turnkey order of Rs 643 crore for construction of 765 kV D/C transmission lines in Tamil Nadu from the state's power transmission utility. The company has also bagged order worth Rs. 195 crore for design, supply, erection, testing and commissioning for railway electrification works has been received from from CORE. It has also received Rs.64 crores order from PGCIL & SEBs for GIS Substation and transmission line.
Commenting on the new order announcements, Manish Mohnot, Managing Director & CEO, KPTL said "We have received orders of approx. Rs.9,350 crores in the current financial year 2017-18, which is a growth of 50% compared to last financial year 2016-17. Our current year order inflow has been consistent across all sectors namely Transmission & Substation, Pipeline and Railways. We continue to focus on achieving profitable growth for 2018-19 with the current visibility of order book."
@EPC World Media
