Kalpataru Power Transmission bags new orders worth Rs 825 crore
Kalpataru Power Transmission has bagged orders worth Rs 825 crores in the past few months, the company said in a statement. These orders include jobs worth Rs 440 crore for various transmission line and substation projects, and two pipeline projects from Indian Oil Corporation and GAIL for around Rs 277 crores. The company also bagged a Rs 111 crore order for a railway project from CORE. “We continued to receive repeat orders from Africa region and have built a reasonable order book for our pipeline and railways business. On the back of order inflows in the year till date and current lowest bidder position, we expect to close the year with a healthy order book,” Manish Mohnot, managing director, said.