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Kalpataru Power receives Rs 1,081 cr orders for various works

Picture Source: Internet

Kalpataru Power Transmission Ltd (KPTL) has received orders worth Rs 1,081 crore for various works including electrification of railways.

KPTL has said in a BSE filing that the company bagged two orders worth Rs 763 crore for laying of pipelines and associated EPC works from GSPL India Transco and GAIL(I) Ltd.

It further said that the company bagged a Rs 318 crore railway electrification, signalling and telecommunication contract which is to be completed in 30 months.

Manish Mohnot, KPTL Managing Director and CEO has said that “Our railway and pipeline business segments continue to reaffirm our belief of strong and profitable growth with these new orders.”

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