Kalpataru wins orders worth Rs.600 Cr

Kalpataru Power Transmission Ltd (KPTL) has secured an order for turnkey execution of 400 KV transmission line from Congo and two orders from Power Grid Corporation of India Ltd. (PGCIL) for construction of 765 KV transmission line in Orissa and Madhya Pradesh.
 
According to company resources, with the receipt of these orders, the total order book of KPTL is Rs 5300 crore. The order from Societe National d’Electricite (SNEL), of Democratic Republic of Congo is for Design, Supply & Installation of 400 KV – 279 Kms DC transmission line from Inga to Kinshasa on turnkey basis. The project has to be completed in 24 months and is funded by European Investment Bank.
 
PGCIL’s two orders to KPTL are for supplying, erecting and commissioning of 765 KV-238 Kms transmission lines in Orissa and Madhya Pradesh. However, KPTL will require manufacturing and supplying over 33000 Mts of Transmission Towers for these 3 projects.
 
PGCIL is India’s central power transmission utility, and is presently implementing an ambitious program of grid expansion and modernization aimed at integrating an additional 37,000 MW (megawatts) of power to facilitate inter-regional transmission of electricity across the country. Whereas, Société nationale d’électricité (SNEL) is the national electricity company of the Democratic Republic of the Congo engaged in power generation, transmission and distribution.
 
Commenting on these orders Pankaj Sachdeva, Managing Director said “KPTL, with its world class tower design, testing & manufacturing facilities and project management capabilities is successful in securing prestigious projects in domestic as well as overseas market consistently. Our underline objective of “on time and quality delivery of projects” has helped us to remain as dependable and preferred partners to our clients. These projects are with price escalation clause, which will cover any fluctuations in input material prices”.

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