KPTL bags orders worth Rs 1,247 cr

New Delhi: Kalpataru Power Transmission Ltd (KPTL) and its international arms have secured new orders worth Rs 1,247 crore. The orders are in India and overseas markets in the T&D (transmission and distribution) business for Rs 1,247 crore, said the company in a statement.

FY23 order inflows have crossed Rs 17,031 cr: KPTL

KPTL's YTD (year-to-date) FY23 order inflows have crossed Rs 17,031 crore on a consolidated basis. The existing order book along with our diversified business mix provides good visibility for growth in coming quarters.

KPTL board approves Rs 99 cr fundraising plan

Manish Mohnot, Managing Director and CEO, KPTL, said in the statement, "With these new orders, we have further strengthened and consolidated our market position in India, SAARC and African markets. We expect transmission and distribution ordering momentum to remain robust given the thrust on renewables and upgradation of transmission and distribution infrastructure in India and International markets."

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)