Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in power & infrastructure contracting sector has secured new orders worth Rs 950 crore.
The company has won 3 contracts from Power Grid Corporation namely 400 KV Krishnapatnum UMPP to Gooty Transmission line, 765 KV Jabalpur Pool to Bina Transmission line & 765 KV Gwalior - Jaipur Transmission line, totaling to Rs 536 crore. These projects have to be delivered in next 21 to 27 months.
Recently, company has ventured into Railways EPC contracts and successfully secured following 4 contracts worth Rs 325 crore under separate joint ventures:
- Complete track renewal of 85 Km from Bangladesh Railways for Kalukhali - Bhatiapara section
- Construction of 2nd section of Kharagpur to Haldia railway line
- 2 projects from eastern railways (Dankuni to Baruipura) and south eastern railways (Deshpran to Nandigram)
KPTL has also been awarded an order by Indian Oil Corporation (IOCL) to lay 280 Km, 14”/10” product pipeline between Saraipalli - Raipur and Saraipalli - Korba in the State of Chhattisgarh worth Rs 80 crore.
By including the above orders, on standalone basis the company’s order book is in excess of Rs. 5,500 crore (excluding L1 bids) and on consolidated basis (including JMC) the order book is in excess of Rs 9,500 crore.
Commenting on receiving awards, Mr. Manish Mohnot, Executive Director said “Our current order book gives us a very good visibility for next years; moreover we have a very robust order book, as more than 75% of our order book is with price variation clauses. We have ventured into railways EPC contracting, using the expertise of KPTL on electrical works and JMC on civil work; and are proud to have secured 4 contracts in a very short span of time”
About Kalpataru Power Transmission Limited (KPTL)
KPTL is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution. The company is currently executing several projects in India, Africa, the Middle East, Australia, North America and Far East.
