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Kalpataru Power bags Rs 1,081 cr orders for various works

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Press Trust of India New Delhi
Last Updated : Aug 03 2017 | 3:58 PM IST
Kalpataru Power Transmission Ltd (KPTL) today announced that it has bagged orders worth Rs 1,081 crore for various works including electrification of railways.
The company bagged two orders worth Rs 763 crore for laying of pipelines and associated EPC works from GSPL India Transco and GAIL(I) Ltd, KPTL said in a filing to BSE.
Moreover, the company bagged a Rs 318-crore railway electrification, signalling and telecommunication contract, which is to be completed in 30 months, the filing said.
KPTL Managing Director and CEO Manish Mohnot said, "our railway and pipeline business segments continue to reaffirm our belief of strong and profitable growth with these new orders."
The company, he said, has received total orders in excess of Rs 3,200 crore this year.

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First Published: Aug 03 2017 | 3:58 PM IST

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