Kalpataru Power bags four orders for power transmission-related projects


Kalpataru Power bags four orders for power transmission-related projects

Kalpataru Power Transmission has bagged four orders for power transmission-related projects worth 1,295 crore. In a disclosure to stock exchanges, the company said the first order pertains to establishment of a transmission system for transfer of power to Bhutan from India. The 400-kV transmission line project to be constructed in West Bengal and Bihar worth 864 crore has been awarded to the company’s 100 per cent subsidiary Alipurduar Transmission. The second order, worth 238 crore, has been bagged from Nepal. This is a turnkey transmission line project. The company also got an order for construction of a 380-kV overhead transmission line in Saudi Arabia worth about 146 crore. The fourth order is for a transmission tower supply project, worth 47 crore, from Power Grid Warora Transmission (a subsidiary of Power Grid Corp). Shares of Kalpataru Power edged down 1.65 per cent at 188.05 on the NSE. Read More…

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