Kalpataru Power Transmission bags order worth Rs 950 crores

by khalid on 31/03/2011 · 0 comments

Kalpataru Power Transmission Limited (KPTL) has informed the share market (BSE/NSE) that they have bagged new orders worth Rs 950 crore. 3 contracts are from Power Grid Corporation namely 400 kv Krishnapatnam UMPP to Gooty Transmission line, 765 kv Jabalpur Pool to Bina Transmission line & 765 kv Gwalior – Jaipur Transmission line, totaling to Rs.536 crores. These projects have to be delivered in next 21 to 27 months.

The company has also secured 4 Railways EPC contracts worth Rs.325 crores through separate joint ventures. The company has secured contract for complete track renewal of 85 kms from Bangladesh Railways for Kalukhali – Bhatiapara section, construction of 2nd section of Kharagpur to Haldia railway line, 2 projects from Eastern Railways (Dankuni to Baruipura) and South Eastern Railways (Deshpran to Nandigram).

The company has also been awarded an order by Indian Oil Corporation (IOCL) to lay 280 Kms, 14″/10″ product pipeline between Saripalli – Raipur and Saraipalli – Korba in the State of Chhattisgarh worth Rs.80 crores.

Kalpataru Power Transmission is one of World’s leading companies in the design, testing, fabrication, erection and construction of transmission lines. It is also engaged in the design, testing, fabrication, galvanizing of towers and construction activities from survey, civil works/foundation, erection to stringing and commissioning of extra high voltage (EHV) lines, besides procurement of items such as conductors, insulators and hardware accessories.

Share’s Data :
BSE Code : 522287
Mkt. Cap: 2,063.04 Crores
Kalpataru Power Transmission share’s CMP is Rs 134.40 on 31st Mar 2011.

With the above orders the company’s order book is in excess of Rs.5500 crores and on consolidated basis the order book is in excess of Rs.9500 crores.

Stay tuned to BelltheBull Blog for more news on Kalpataru Power Transmission Limited !

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