Sterlite Power on Monday said it has bagged Nangalbibra -Bongaigaon inter-state power transmission project worth Rs 324 crore. "Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra-Bongaigaon interstate power transmission project worth Rs 324 crore through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder," a company statement said. The project elements consist of a new 220/132 kV substation at Nangalbibra and laying of 130 km of 400kV D/c transmission line connecting Bongaigaon in Assam to Nangalbibra in Meghalaya across the river Brahmaputra, it added. The project will also have 20 km of 132kV D/c line connecting Hatsinghmari in Assam to Ampati in Meghalaya. Sterlite Power has a track record of executing complex projects successfully with the use of technology and innovative solutions. The company has completed the NER-II project, an inter-state transmission sche
With these, RE connectivity and private participation will get a fillip
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 ...
Project involves setting up 16 new sub-stations and strengthening existing power supply network
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 ...
The total estimated cost of the project is $365 million, of which $304 million will be financed by the AIIB and rest by the state government
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.
To fund 4 transmission projects of Sterlite connecting renewable projects
KPTL had said the plans for the new office in Santa Cruz involved purchasing land for Rs 207 crore
It said evacuation infrastructure for renewable energy (RE) projects will drive investments in the power transmission segment
Power Finance Corporation arm PFC Consulting is the nodal agency for auctioning power transmission projects in the country
The credit risk profile of ISTS projects is strong because of assured cash flows, low operations and maintenance
India would see an investment of close to Rs 3,000 cr per day in the infrastructure sector, adds the report
Clearances stuck by more than a year, private projects in the slow lane