Kalpataru Power Transmission Limited (KPTL), a global EPC player in the power and infrastructure contracting sector, has announced securing new projects worth Rs. 1,288 crore. This includes both secured orders as well as notifications of award, the company said.
Transmission and distribution business of Kalpataru Power has secured projects of Rs. 771 crore primarily in the international markets while its Oil and Gas business has bagged projects totalling Rs. 517 crore.
The company had earlier guided for 15-20 per cent in revenue growth for FY19. KPTL’s order book, at the end of FY18, stood at Rs. 12,404 crore, while on the consolidated level, the company’s order book is around Rs. 20,000 crore.