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03 June, 2020 00:37 IST
Kalpataru Power Transmission secures orders worth Rs 9.01 bn
Source: IRIS | 27 Mar, 2018, 03.39PM
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Kalpataru Power Transmission has secured new orders of Rs 9.01 billion. These include - Turnkey order of Rs 6.43 billion for construction of 765 kV D/C transmission lines in Tamil Nadu from TANTRANSCO.

Design, supply, erection, testing & commissioning for railway electrification, including OHE and TSS works for Rs. 1.95 billion from CORE.

Orders from PGCIL & SEBs for GIS Substation and transmission line of Rs 640 million.

Manish Mohnot, Managing Director & CEO, KPTL said, "We have received orders of approx. Rs 93.50 billion in the current financial year 2017-18, which is a growth of 50% compared to last financial year 2016-17. Our current year order inflow has been consistent across all sectors namely Transmission & Substation, Pipeline and Railways. We continue to focus on achieving profitable growth for 2018-19 with the current visibility of order book."

Shares of the company gained Rs 16.7, or 3.6%, to trade at  Rs 480.05.  The total volume of shares traded  was  4,440 at the BSE (3.26 p.m., Tuesday).

Kalpataru Power Transmission Limited   (Q,N,C,F)*

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