Kalpataru bags orders worth Rs 676 crore

Engineering firm Kalpataru Power Transmission (KPTL) today said that it has secured new orders worth Rs 676 crore.
These contracts include an order from PGCIL (Power Grid) for 400 KV Jauljivi GIS substation, extension of 765 KV Bareilly substation and associated transmission lines for Rs 237 crore, the company said in a statement.
According to the statement, it has also got an order for railway electrification from the PGCIL for East Central Railway worth Rs 152 crore.
It has won supply orders for transmission line and towers for Rs 153 crore from various customers.
It also bagged an order for balance work of a plant and utilities for LPG Import Terminal Project from BPCL at Haldia for Rs 134 crore.

"Our substation business has got a breakthrough with the success in securing 400 KV GIS order from PGCIL. This supports our efforts to grow the substation business.

"Our Railway business continues to build on with the electrification order from PGCIL. On the back of a solid order book, we are confident of delivering on our guidance for 2017 -18," Manish Mohnot, MD & CEO, KPTL said in the statement.
The KPTL is one of the largest and fastest growing specialised EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways and other segments.
The company is currently executing several contracts in India, Africa, Middle East, CIS, SAARC and Far East.