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Kalpataru Power Transmission: Kalpataru Power Transmission bags new orders worth Rs 625 crore

NEW DELHI: Kalpataru Energy Transmission Ltd (KPTL) on Wednesday mentioned it has secured new orders price Rs 625 crore in home and abroad markets. The corporate mentioned it has received orders in energy transmission and railways enterprise.

In a regulatory submitting, Kalpataru Energy Transmission mentioned it has secured new orders/notification of award of about Rs 625 crore.

The corporate mentioned it has received orders from Africa within the energy transmission enterprise and an order for railway electrification in India.

KPTL’s worldwide subsidiary has additionally secured new energy transmission initiatives in Europe.

KPTL Managing Director and CEO Manish Mohnot mentioned: “The brand new orders within the transmission and distribution (T&D) enterprise present us with a strategic entry in a brand new nation within the African market, demonstrating sheer give attention to strengthening our presence in key markets”.

Mohnot mentioned the corporate’s order wins for 2020-21 has reached round Rs 8,500 crore at standalone stage and has exceeded Rs 16,000 crore at consolidated stage.

Shares of Kalpataru Energy Transmission have been buying and selling 1.44 per cent greater at Rs 382.90 apiece on BSE.

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