Kalpataru Power bags four orders for power transmission-related projects.

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.

HBL