Kalpataru Power and its international subsidiaries have secured new orders/notification of awards of INR 1,345 crore in India and overseas markets in the T&D business.
September 7, 2022
Kalpataru Power Transmission Ltd. (KPTL) has announced that the company and its international subsidiaries have bagged new projects of INR 1,345 crore. As published in media reports – the orders are for pipeline laying works secured in joint ventures or in consortium. Besides, some of the orders are for Metro Rail Electrification in the country.
About the project wins, Mr. Manish Mohnot, Managing Director & CEO, Kalpataru Power Transmission affirms, “We are pleased with the new order wins secured across our business verticals. The order wins in the T&D and pipeline business help us to further consolidate our order book and establish leadership in key markets.”
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KPTL, in a regulatory filing, informed that the company and its international subsidiaries have secured new orders/notifications. The company has secured the said orders in India and in the international market in the transmission and distribution (T&D) segment, as per the regulatory filing.
Mr. Mohnot also added that the second metro rail electrification order further cements the company’s positioning in the railways business in new and emerging infrastructure segments.