KPTL bags new orders worth Rs 975 crore

The Gujarat-based global EPC transmission company Kalpataru Power Transmission announced on Friday after market hours that it has won orders worth Rs 975 crore.

The company informed that it has bagged EPC order for pipeline laying and associated works in India. It also further informed that it has won two orders for design, supply, erection, testing and commissioning for railway electrification, including OHE, TSS and associated works. In addition to this, the company’s international arm has secured new T&D projects in Europe. Kalpataru Power Transmission (KPTL) has secured total orders worth Rs 975 crore.

Earlier this week, JMC Projects, a subsidiary of KPTL, had informed that it had secured new order worth of Rs 514 crore.

Kalpataru Power Transmission is a specialised EPC company in India engaged in power transmission and distribution, oil and gas pipelines, railways, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.

On Friday, the company's stock closed at Rs 524.60, higher by 1.37 per cent over the previous close on the BSE.