Comments
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.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.