Kalpataru Power wins new orders worth US$1.2b

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Power and infrastructure company Kalpataru Power Transmission on Monday announced that they had secured new orders worth Rs 823 cores.

The company said it has won an order worth Rs 737 crores which involves setting up transmission lines in West Africa and another order worth Rs 86 crore for construction of 220 kv GIS substation project for Haryana Vidyut prasaran Nigam Ltd.

“We have announced orders in excess of Rs 5,000 crores in this year till date, which will help us achieving healthy growth for future,” Manish Mohnot, Managing Director, KPTL said.

Engineering, procurement and construction company KPTL is engaged in power transmission and distribution, oil and gas pipeline, railways, infrastructure development, civil contracting and warehousing and logistics business.

The company is currently executing several contracts in India, Africa, Middle East, Australia, CIS, SAARC, North America and Far East.