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Monday, October 14, 2013

Kalpataru Power Transmission bags Rs 620 crore orders

Kalpataru Power Transmission has bagged orders worth Rs 620 crore, the Mumbai-based engineering, procurement and construction company said Thursday.

These orders include a Rs 463 crore order from Tamil Nadu Transmission Corporation for setting up a transmission line.

The company also announced bagging a Rs 94 crore project for setting up a 160 km long liquefied petroleum gas pipeline from HPCL.

"The order pipeline remains strong this year. In the first half we have won orders worth Rs 1,750 crore and expect the momentum to continue in the second half also, as many projects are in the final stage of award," Ranjit Singh, managing director, was quoted as saying in the statement.

Kalpataru Power Transmission is a EPC companies operating in power transmission and distribution, oil and gas pipeline, railways, infrastructure development, civil contracting and warehousing and logistics business. The company is currently executing projects in India,

Africa, Middle East, Australia, North America and Far East.

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