Kalpataru Power Transmission Limited bags Rs 3,567cr worth EPC contracts
Kalpataru Power Transmission Limited (KPTL), an Indian EPC contractor in the power and infrastructure contracting sector, and its subsidiaries have won new orders or notifications of awards worth INR 3,567 crores.
The company said that it has bagged orders in the overseas market in the electric transmission and distribution (T&D) business.
Kalpataru Power Transmission Limited has also won water projects in India, an order to carry out oil and gas pipeline works in India, an order for railway works in India, and buildings and factories (B&F) projects in the country.
Manish Mohnot — Kalpataru Power Transmission Limited Managing Director and CEO said: “We are happy with the new order wins across our flagship businesses. These new orders demonstrates our ability to strategically scale‐up and establish leadership position in high growth infrastructure businesses.
“With the above orders, our consolidated order inflows have reached approximately ₹ 14,385 crores in the current financial year and additionally we have a strong L1 position, which provides us with good visibility to achieve targeted growth going forward.”