KPTL receives orders worth Rs 588 crore
T&D business has secured projects of Rs 588 crore in international markets
Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has secured new orders/notification of award of Rs 588 crore. The details are as follows: Transmission & Distribution business has secured projects of Rs 588 crore in international markets.
Commenting on the new order announcements, Manish Mohnot, MD & CEO, KPTL, said, “We are pleased with the new orders in our core T&D business. Our total order inflows for FY18-19 is approximately Rs 8,500 crore and we are favourably placed with L1 in orders of ~Rs 1,800 crore. Given the order book and visibility we are confident to deliver healthy growth in revenue and profitability for FY19-20.”