Kalpataru Bags Orders Worth Rs 775 Crore

Kalpataru Power Transmission Ltd. on Monday said it has bagged orders worth Rs 775 crore in transmission and distribution segment.

According to a company statement, KPTL and its international subsidiary have secured the orders from the government and private clients.

"These new orders will help us to strengthen our T&D (transmission & distribution) order book particularly in India and Bangladesh. Our total order inflows in fiscal year 19-20 has crossed Rs 4,300 crore and additionally we have a L1 position of approximately Rs 2,000 crore," KPTL's Managing Director and Chief Executive Officer Manish Mohnot said.

KPTL is engaged in power T&D, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power T&D.

The company is executing several contracts in India, Africa, the Middle East, Commonwealth of Independent States, South Asian Association for Regional Cooperation and Far East.