Kalpataru Power Transmission Ltd and its arms have bagged new orders worth Rs 2,290 crore. Kalpataru Power Transmission Limited (KPTL), a leading global EPC (engineering, procurement and construction) player in the power and infrastructure contracting sector, and its subsidiaries have secured new orders/notification of awards of Rs 2,290 crore at a consolidated level, a company statement said. These include orders from international markets in the power transmission business of Rs 1,416 crore. The company and its subsidiaries also won orders for the construction of an elevated viaduct and five elevated stations of the Kanpur Metro Rail Project, civil works for a data centre and B&F (buildings and factories) projects in India totalling Rs 874 crore. "We are delighted with the traction in new order wins in our T&D, Urban Infra and B&F business. The new orders secured over the past few months will help us to further diversify our global reach and improve our order mix across
The company received oil and gas pipeline projects in India and the Middle East worth Rs 169 crore
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
Ambuja Cement, Nestle India and Veritas to announce December quarter results today.
Kalpataru Power Transmission Ltd (KPTL) on Friday reported a 15.9 per cent drop in its consolidated net profit at Rs 259 crore for the three months to December.
Kalpataru Power Transmission Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).
Kalpataru Power Transmission Ltd on Thursday said that it has bagged new orders worth Rs 1,560 crore. "Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has secured new orders/notifications of award of Rs 1,560 crores," the company said in a statement. According to the statement, the orders include those from India, Africa, CIS and South America in the power transmission business. Besides, KPTL's international subsidiary has secured new power transmission projects in Europe. Manish Mohnot, MD and CEO, KPTL said: We are delighted with the new order wins, especially that all these orders are in our core power T&D business. These orders in the T&D business reaffirms our confidence in the strong growth of this business going forward. With reduced volatility and good visibility across all our businesses, we are confident to reach our targeted margin and build a strong order book.
The stock had been a under-performer so far this month and quarter when compared to the BSE Sensex returns.
Kalpataru Power Transmission Ltd (KPTL) on Tuesday reported a nearly three-fold jump in consolidated net profit to Rs 78 crore for the June quarter, mainly on the back of higher revenues.
Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 625 crore in domestic and overseas markets. The company said it has won orders in power transmission and railways business. In a regulatory filing, Kalpataru Power Transmission said it has secured new orders/notification of award of about Rs 625 crore. The company said it has won orders from Africa in the power transmission business and an order for railway electrification in India. KPTL's international subsidiary has also secured new power transmission projects in Europe. KPTL Managing Director and CEO Manish Mohnot said: "The new orders in the transmission and distribution (T&D) business provide us with a strategic entry in a new country in the African market, demonstrating sheer focus on strengthening our presence in key markets". Mohnot said the company's order wins for 2020-21 has reached around Rs 8,500 crore at standalone level and has exceeded Rs 16,000 crore at consolidated ...
Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has won orders worth Rs 1,554 crore. Theorders include those from India, CIS and Latin America in the power transmission business, KPTL said in a statement. Besides, KPTL's international subsidiary has secured new power transmission projects in Europe. "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," KPTL Managing Director and CEO Manish Mohnot said. KPTL is a specialized engineering, procurement, construction (EPC) company in India engaged in power transmission and distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business. The company is currently executing ...
Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 900 crore in the domestic and overseas markets. The company said it has won orders in the T&D (transmission and distribution) business from the overseasmarket. In a regulatory filing, Kalpataru Power Transmission Ltd said it has secured new orders/notification of award of about Rs 900 crore. KPTL said it has also bagged engineering, procurement and construction orders for pipeline laying and associated works in India. KPTL Managing Director and CEO Manish Mohnot said: "Our current year order inflow is in excess of Rs 5,400 crore and we are favourably placed in projects of over Rs 2,000 crore. We continue to be on track to achieve our targeted numbers for the current financial year". Shares of Kalpataru Power Transmission Ltd were trading 2.63 per cent higher at Rs 316.05 apiece on BSE in morning session.
KPTL had said the plans for the new office in Santa Cruz involved purchasing land for Rs 207 crore
The board has approved capital expenditure of approximately Rs 207 crore towards the purchase of land and will further incur approximately Rs 170 crore towards other expenses.
Adani Transmission says Alipurduar Transmission acquisition will bolster its position as the largest private sector transmission company in India.
CLP India is owned by CLP Group, one of the largest investor-owned power businesses in Asia
The sharp slide in crude oil prices of more than 40 per cent to $30/barrel is expected to impact overall orders/awarding from the Middle East and North Africa (MENA) region
But he ruled out compensation to farmers for land falling under the transmission lines, since a substantial chunk of 105 acres came under the power lines
The company announced plans to sell stakes in its Alipurduar Satpura and Kohima projects
The three assets comprise Kalpataru Satpura Transco in Madhya Pradesh, Alipurduar Transmission in Bihar and West Bengal, and Kohima Mariani Transmission