Kalpataru Power Transmission Ltd (KPTL) declared that they have secured new orders worth Rs 975 crore. The new orders include engineering, procurement and construction (EPC) order for pipeline laying and associated works in India.
There are two orders for design, supply, erection, testing and commissioning for railway electrification, including OHE, TSS and associated works. Besides, KPTL’s international subsidiary has also secured new transmission and distribution projects (T&D) in Europe.
The oil & gas and railway orders along with the international T&D orders will help in strengthening the position in the respective businesses. The order wins helps KPTL to further consolidate the order book and gives us confidence to meet our revenue and profitability guidance for 2019-20.
KPTL is a EPC company engaged in power transmission and distribution, oil and gas pipeline, railways, infrastructure development, civil contracting, warehousing and logistics business with a strong international presence in power transmission and distribution.