Kalpataru Power bags Rs 1,320 cr orders from Power Grid Corp

Image
Press Trust of India New Delhi
Last Updated : Mar 22 2016 | 9:07 PM IST
Kalpataru Power Transmission Ltd (KPTL) today said it has secured orders worth Rs 1,320 crore from Power Grid Corp.
The other includes a transmission line supply project for Gadarwara-Warora Transmission Line Project of about Rs 353 crore from Powergrid Warora Transmission Ltd.
Also an order is one transmission line supply project for ultra mega solar park transmission system in Andhra Pradesh of Rs 77 crore a Rs 44 crore for a substation project.
Further, turnkey transmission line project of 765 KV Vemagiri-Chilakaluripeta of about Rs 778 crore from Powergrid Southern Interconnector Transmission System Ltd, a wholly-owned subsidiary of Power Grid Corp.
Besides, the company also got turnkey transmission line project of Rs 73 crore in Abu Dhabi.
These have taken the order book value to over Rs 7,450 crore in 2015-16 with around 55 per cent contribution from domestic transmission business, 10 per cent from domestic infrastructure business and balance from international markets.
Shares of KPTL today closed 5.11 per cent up at Rs 204.85 on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 22 2016 | 9:07 PM IST

Next Story