Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has secured new orders and/or notifications of award of Rs. 1,560 crores. The orders include: orders from India, Africa, CIS and South America in the power transmission business and KPTL’s international subsidiary has secured new power transmission projects in Europe.
Commenting on the new order announcements, Manish Mohnot, Managing Director & CEO, KPTL, said, “We are delighted with the new order wins, especially that all these orders are in our core power T&D business. These orders in the T&D business reaffirms our confidence in the strong growth of this business going forward. With reduced volatility and good visibility across all our businesses, we are confident to reach our targeted margin and build a strong order book.”
KPTL is part of the Kalpataru Group established in 1969. It is a diversified conglomerate with interest in Real Estate, Power Generation, Agri Logistics and EPC in major infrastructure segments. KPTL is one of the largest specialized EPC companies engaged in power transmission & distribution, oil & gas pipeline, railways and civil infrastructure business. The company is currently executing projects in over 40 countries and has global footprints in 62 countries. It has maintained leadership position in all its major business backed by strong organisational capabilities, superior technical knowhow, and adherence to top-class sustainability standards.