KPTL Received New Orders of RS 1,322 crore

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders or notification of award of Rs 1,322 crore.

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has secured new orders or notification of award of Rs 1,322 crore. The details are as follows:

 Transmission & Distribution business has secured orders in India, Bangladesh, Abu Dhabi and Peru totaling Rs.943 crore
 Composite order for railway infrastructure construction from RVNL for Rs 379 crore in a consortium

Commenting on the new order announcements, Manish Mohnot, Managing Director & CEO, KPTL, said, “We are happy to announce the major order wins in our core T&D business. The new order includes large orders from Bangladesh and Abu Dhabi, which reinforces our focus on SAARC and Middle East apart from our established presence in African market. The new order in our railway business reaffirms that Railways will continue to be a key growth driver going forward. Our order book continues to grow with the influx of new orders and we remain confident to meet our revenue and margin guidance for financial year 2018-19.”