Business News Update : KPTL receives new order worth Rs 1,554 crore

Insight Online News

Mumbai ,Mar 3 : Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has secured new orders / notification of award of Rs 1,554 crore.

Company power transmission business has received orders from India, CIS and Latin America. KPTL’s international subsidiary has secured new power transmission projects in Europe. Commenting on the new order announcements, Mr Manish Mohnot, Managing Director & CEO, KPTL said, ”We are delighted with the new order wins in our power transmission business.

These new order wins help us to strengthen our power transmission order book in India and overseas market. Our current year order inflow has reached around Rs 8,000 crore and additionally we have good visibility across all our businesses. Our order book visibility with low debt gives us confidence of growth from long-term perspective.”

UNI

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