The fresh orders received by Kalpataru Power Transmission total Rs. 1,290 crore. Among the contracts are orders for T&D services in international markets, oil and gas pipeline construction in India, and railroad construction in India.
We are thrilled with the new order wins across our business verticals, said Manish Mohnot, managing director & CEO of KPTL. We will be able to strengthen our position in important T&D markets like the Middle East and Latin America thanks to the T&D orders.
Our order book has been made stronger by the new orders in the oil and gas and railroad industries. KPTL has received around Rs 6,890 crore in total orders thus far in FY23, a considerable increase over the same period in FY22.