Mumbai, March 11, 2019: 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.1,288 Crores. The details are as follows:
· Transmission & Distribution business has secured projects of Rs.771 Crores primarily in international markets
· Two projects in Oil and Gas business totaling Rs.517 Crores
Commenting on the new order announcements, Mr. Manish Mohnot, Managing Director & CEO, KPTL said “We are delighted with the new order wins in our T&D and Oil & Gas business. These new orders along with the order announced during the year will help us to deliver sustainable and profitable growth ahead. We remain confident to meet our revenue and margin guidance for the financial year 2018-19.”
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