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JUN 29 2018

Kalpataru Power bags new orders worth 1,235 cr

  • Economic Times, ET Bureau / Hyderabad
  • Created: Fri 29th JUN 2018

 

Kalpataru Power Transmission Limited (KPTL) today said it has secured new orders worth 1,235 crore. These include order for railway infrastructure construction from Bangladesh Railways in a Consortium wherein KPTL’s share is 553 crore, a company statement said.

According to the statement, the other order is for transmission line and substation in Tajikistan and India totalling 346 crore. There is an order for design, supply, erection, testing and commissioning for railway electrification, signalling and associated civil works from RVNL for 185 crore in a consortium.

The company has also got an order for laying of pipeline and associated works of 151 crore from Andhra Pradesh Gas Distribution Corporation Ltd.

KPTL MD and CEO Manish Mohnot said, This reiterates our focus to strengthen our order book across all our businesses. Our strong order book position in T&D, railways and oil & gas pipeline businesses has strengthened our leadership position in the EPC segments that we operate. Overall, these orders lay a strong foundation for a profitable growth in financial year 2018-19.

Tags

RAILWAYS Andhra Pradesh Bangladesh Gas Oil Gas Pipeline bangladesh Power India Bangladesh

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