Kalpataru Power Transmission Ltd, a leading global EPC player in power T&D sector has secured three orders worth over Rs. 550 crore from Kenya Electricity Transmission Company Limited (KETRACO) and Parbati Koldam Transmission Company Ltd.
KPTL has signed two contracts with KETRACO, Kenya for the turnkey construction of 400 kV DC of 164 Km and 220 kV D/C- 30Km and 400kV DC -231 Km + 220 kV D/C- 52Km. The combined value of both the projects is to the tune of Rs 450+ crore. The completion period for both the projects is 27 months. These projects are funded by AFD and EIB.
KETRACO, owned by the Kenyan Government, designs, construct, operate and maintain new high voltage electricity transmission lines which will form the backbone of the National Electricity Grid.
The company has also received another order from Parbati Koldam Transmission Company Ltd, a JV of Power Grid Corporation and Reliance ADAG for supply & erection of 400 KV D/C (Triple Bundle) Koldam-Ludhiana Transmission Line [Package-C] [75.4 KM & 6578 MT]. The total value of order is worth Rs. 100 crore.
KPTL’s current order book is in excess of Rs 5,200 crore.
Commenting on the order Mr. Manish Mohnot (Executive Director) said “We are proud to be associated with KETRACO on the first 400 KV line in the country which will provide much needed infrastructure to make Kenya self-reliant in addressing its energy needs. Our current order book is very healthy in terms of profitability and a judicious mix of domestic and overseas projects. The projects won by the Company only manifest its capability to deliver not only in India but abroad on its strong execution abilities and bandwidth of skilled manpower”.
About Kalpataru Power Transmission Limited (KPTL):
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KPTL is a turnkey player in design, fabrication, construction and erection of transmission lines and sub-station structures and Cross country oil and gas pipeline business with interest in biomass based power generation and real estate development.
KPTL is the group’s listed entity and continues to look for development projects in various infrastructure sectors. The order book in excess of Rs 5,200 crores comprises largely of projects in the transmission, distribution and pipeline segment. The company is currently executing / supplying to several projects in Africa, the Middle East, Far East, Australia, USA & Canada.