Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ News / India/  Kalpataru Power Transmission secures new orders worth 1290 crore
BackBack

Kalpataru Power Transmission secures new orders worth ₹1290 crore

KPTL’s total order intake YTD FY23 is around ₹ 6,890 crore, which reflects significant growth compared to similar period last financial year

Manish Mohnot, CEO and MD, Kalpataru Power Transmission. (File Photo)Premium
Manish Mohnot, CEO and MD, Kalpataru Power Transmission. (File Photo)

New Delhi: Kalpataru Power Transmission on Friday said it has bagged orders worth 1,290 crore.

The company has bagged orders in overseas market in the T&D business. It also secured orders for oil and gas pipeline works, and railway works in India, it said in a statement.

Commenting on the new order announcements, Manish Mohnot, Managing Director & CEO, KPTL said, “We are delighted with the new order wins across our business verticals. The T&D orders will help us to consolidate our presence in key T&D markets like Middle East and Latin America. The new orders in the Oil & Gas and Railways business has further strengthen our order book.“

“KPTL’s total order intake YTD FY23 is around 6,890 crore, which reflects significant growth compared to similar period last financial year. Additionally, we have a strong L1 position and robust business visibility across all our businesses, which gives us confidence to achieve our targeted growth going forward."

KPTL is one of the largest specialized EPC companies engaged in power transmission & distribution, oil & gas pipeline, railways and civil infrastructure business. KPTL is currently executing projects in over 30 countries and has global footprints in 67 countries.

At 0139pm,shares of Kalpataru Power Transmission traded at 472.00 apiece, up 1.31% from previous close.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 04 Nov 2022, 01:54 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App