Kalpataru Power Transmission Ltd bags two orders worth Rs 250+ crores Secures order from Algeria and Tamil Nadu SEB
Mumbai, 7 January, 2010: Kalpataru Power Transmission Ltd, a leading global EPC player in power T&D sector has secured two orders worth Rs. 250 + crores from Algeria and Tamil Nadu Electricity Board recently.
Tweet-- KPTL has signed a contract with Sonelgaz, Algeria for the turnkey construction of 220 KV transmission lines of 100 Kms and 60 kV lines of 120 Kms. The combined value of both the projects is Rs 100 crore and completion period for the different lines vary from 12 to 15 months.
The company has also received another order from Tamil Nadu Electricity Board, Chennai for commissioning of 400 kV D/C MTPS-ARASUR Line (110 Km and 6180 meters) on turnkey basis. The project is worth Rs154.25 crore and the scope of the work includes design, type testing of towers, supply, erection, stringing and testing. The project needs to be completed within 18 months.
KPTL's order book is in the range of Rs 5,500 crores, excluding L1 orders which has to be executed over the next 2 to 3 years. Commenting on the order Mr Manish Mohnot (Executive Director) said "We are proud to be associated with TNSEB for the project. Our current order book is very healthy in terms of profitability and a right mix of domestic and overseas projects. "
Notes to Editor
About Kalpataru Power Transmission Limited (KPTL):
KPTL is a turnkey player in design, fabrication, construction and erection of transmission lines and sub-station structures. KPTL is the group's listed entity and continues to look for development projects in various infrastructure sectors. The order book of Rs 5,500 crores comprises largely of projects in the transmission, distribution and pipeline segment. The company is currently executing / supplying to several projects in Africa, the Middle East, Australia & USA.