Kalpataru Power Transmission Ltd (KPTL) and its subsidiaries have obtained new orders worth Rs 1,345 crore. The company has reported that these orders include orders from India as well as overseas markets in the T&D (Transmission and Distribution) business.
Reportedly, KPTL and its subsidiaries have also won orders for pipeline laying works and metro rail electrification in India, secured through a joint consortium/venture. On this occasion, KPTL’s Managing Director and CEO, Manish Mohnot, has said that the company is pleased with the new order wins secured across the company’s business verticals. The order in the T&D and pipeline business will likely help the company further consolidate its order book and establish leadership in key markets.
He further stated that the metro rail electrification order would strengthen the company’s railways business in new and emerging infrastructure segments. It reaffirms confidence in achieving targeted growth in the future.
Founded in 1969 by Mofatraj Munot, KPTL is one of the largest players firmly engaged in the global power transmission and infrastructure EPC space. Headquartered in Ahmedabad, it is one of the largest EPC companies engaged in power transmission and distribution (T&D), oil and gas pipeline, railways and civil infrastructure business.
Some main subsidiaries are JMC Project (India) Ltd, Kohima-Mariani Transmission Ltd, Energy Link (India) Ltd, Kalpataru IBN Omairah Company Limited etc.