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