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This Article is From Dec 31, 2019

Kalpataru Power Transmission Bags Orders Worth Rs 979 Crore

Kalpataru Power Transmission Bags Orders Worth Rs 979 Crore
Electrical power lines hang from transmission pylons. (Photographer: Waldo Swiegers/Bloomberg)

Kalpataru Power Transmission Ltd. on Tuesday said that it has bagged orders worth approximately Rs 979 crore in the transmission and distribution segment and for railway electrification and gauge conversion.

"Kalpataru Power Transmission Ltd ... has secured new orders/notification of award of approximately Rs 979 crore. The company's international subsidiary secured new T&D projects in Europe," it said in a filing to BSE.

It also bagged orders from the country and the Middle East in T&D business and engineering, procurement and construction projects for railway electrification and gauge conversion works in India, as per the filing. The shares of the company were trading at Rs 407.75 a piece on BSE in morning trade.

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