Corporate Watch

KPTL bags new orders worth Rs 1,397 cr in India & abroad

KPTL has bagged new orders worth Rs 1,397 crore in the transmission and distribution (T&D) segment that will provide visibility for future growth

PSU Watch Bureau

New Delhi: Kalpataru Power Transmission Limited (KPTL) on Thursday said that it has bagged new orders worth Rs 1,397 crore in the transmission and distribution (T&D) segment. "The orders have been secured in India and overseas markets in the T&D business," KPTL said in a statement. "KPTL and its international subsidiaries have secured new orders/notification of awards of Rs 1,397 crores," it added.

Orders have significantly enhanced company's T&D order book: Mohnot

Manish Mohnot, Managing Director & CEO, KPTL, said that these orders in addition to the orders declared earlier during the year have significantly enhanced the company's T&D order book and provide visibility for future growth.

"With these new orders, our YTD (year to date) FY23 order intake has reached Rs 15,784 crores at a consolidated level," he added.

KPTL is one of the largest engineering procurement and construction (EPC) companies engaged in power transmission and distribution, oil and gas pipeline, railways and civil infrastructure business.

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