Kalpataru receives new orders in T&D and O&G pipelines
Kalpataru Power Transmission Limited (KPTL) has recently secured new orders worth Rs 900 crore. The orders include T&D business from the overseas market, engineering, procurement and construction (EPC) orders for pipeline laying among other associated works in India.
Manish Mohnot, the Managing Director and CEO of KPTL mentioned that the company is happy to receive new orders in its T&D as well as oil and gas business. The company’s current year order inflows are at an excess of Rs 5,400 crore and it is placed in projects of over Rs 2,000 crore, setting them on track to achieve targeted numbers for the financial year 2020-21.
KTPL is among the largest and fastest-growing EPC companies in India. It has engaged in several activities such as power transmission and distribution, railways, infrastructure development and warehousing and logistics. It has helped to build a strong international presence with several contracts in India, Africa, and the Middle East.
Source: Company press release