Kalpataru Power transmission Secures New Orders Worth ₹3,185 Crores, Expects Water & T&D Business to Drive Growth
Following are the specifics of the aforementioned new orders:
- Orders in the T&D business of ₹1,481 Crores
- EPC projects in the Water business of ₹1,509 Crores
- Commercial building project of ₹195 Crores
Kalpataru Power Transmission and its international subsidiaries have recently announced that they have secured new orders and notification of awards worth ₹3,185 crores. The company’s Managing Director and CEO, Mr. Manish Mohnot, expressed his pleasure regarding the new order inflows, particularly in the Water and T&D business, which he believes will be a significant growth driver for the company moving forward.
The Water and T&D business has seen a substantial uptick, contributing to KPTL’s order intake for the financial year 2022-23, which now stands at ₹22,672 crores, representing significant growth compared to the previous year. With a robust and well-diversified order book, KPTL is confident in achieving its growth targets.
KPTL is a leading global engineering, procurement, and construction (EPC) company, and this new order announcement is a testament to its commitment to excellence and continued success in the industry.
About Kalpataru Power transmission:
Kalpataru Power Transmission Ltd is a global EPC player with diversified interest in power transmission and distribution, oil and gas pipeline, railways and biomass based power generation.