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BUSINESS

Kalpataru and Its International Subsidiaries Bags Order of Rs 3,185 Crore

The company has raised Rs 150 crore by allotting 15,000 NCDs with a face value of Rs 1,00,000.

On Monday, Kalpataru Power Transmission said it had secured orders worth Rs 3,185 crore through various business divisions in the national and international bazaar.

Kalpataru Power Transmission Ltd (KPTL) and its worldwide subsidiaries have protected new orders/statements of rewards of Rs 3,185 crore, a company report said.

These comprise orders in the T&D (transmission and distribution) business of Rs 1,481 crore and EPC (engineering procurement construction) ventures in the water commercial of Rs 1,509 crore, a company statement held. There is a commercial building project of Rs 195 crore also added.

With these order victories, the company order intake for the financial year 2022-23 was erected at Rs 22,672 crore.

KPTL is one of the principal dedicated EPC companies involved in Power Transmission & Distribution, Buildings & Factories, Oil & Gas Pipelines, Water Supply & Irrigation, Railways, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports.

KPTL is presently implementing projects in over 30 nations and has a worldwide footmark in 68 countries.

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