Kalpataru Power Transmission

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Kalpataru Power, its international arms bag orders worth Rs 3,185 crore

Kalpataru Power Transmission on Monday said it has bagged orders worth Rs 3,185 crore across various business segments in the domestic as well as international market. Kalpataru Power Transmission Ltd (KPTL) and its international subsidiaries have secured new orders/notification of awards of Rs 3,185 crore, a company statement said. These include orders in the T&D (transmission distribution) business of Rs 1,481 crore and EPC (engineering procurement construction) projects in the water business of Rs 1,509 crore, a company statement said. There is a commercial building project of Rs 195 crore also, it added. "We are witnessing a significant uptick in the Water and T&D business, which we believe will be a major growth driver for us going forward," said Manish Mohnot, Managing Director & CEO, KPTL. With these order wins, the company order intake for the financial year 2022-23 stood at Rs 22,672 crore, he added. KPTL is one of the largest specialized EPC companies engaged in .

Kalpataru Power Transmission receives orders worth Rs 2,456 crore

Kalpataru Power Transmission and its international subsidiaries have bagged new orders worth Rs 2,456 crore. These orders include residential and commercial buildings construction projects in the country worth Rs 1,427 crore and T&D (Transmission and distribution) business orders worth Rs 498 crore in India and overseas markets, a company statement said. In the domestic market, the firm bagged railway projects worth Rs 299 crore and Oil & Gas pipeline projects worth 232 crore. "With these orders, our YTD (year-to-date) FY23 order intake stands at Rs 19,487 crore, a growth of over 35 per cent compared to the similar period last year," Manish Mohnot, Managing Director & CEO said in the statement. The company is one of the largest specialized Engineering, procurement, and construction (EPC) companies engaged in power transmission & distribution, oil & gas pipeline, railways and civil infrastructure business. It is currently executing projects in over 30 countries and .

Kalpataru Power, JMC hit 52-week highs on fixing record date for merger

Pursuant to the amalgamation scheme, JMC's shareholders (other than KPTL) will be allotted one share of KPTL against every four shares held by them in JMC.

Kalpataru international arms secures new orders worth Rs 1,247 crore

Kalpataru Power Transmission Ltd (KPTL) and its international arms have secured new orders worth Rs 1,247 crore. The orders are in India and overseas markets in the T&D (transmission and distribution) business for Rs 1,247 crore, a company statement said. Manish Mohnot, Managing Director & CEO, KPTL, said in the statement, "With these new orders, we have further strengthened and consolidated our market position in India, Saarc and African markets. We expect T&D ordering momentum to remain robust given the thrust on renewables and upgradation of T&D infrastructure in India and International markets". KPTL's YTD (year-to-date) FY23 order inflows have crossed Rs 17,031 crore on a consolidated basis. The existing order book along with our diversified business mix provides good visibility for growth in coming quarters. It is one of the largest specialised EPC (engineering) companies engaged in power transmission & distribution, oil & gas pipeline, railways and civil

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NCLT approves merger of Kalpataru Power Transmission, JMC Projects

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said the National Company Law Tribunal has approved the merger of JMC Projects (India) Ltd with the firm, making it one of the country's largest listed engineering and construction companies. The combined entity will have a significant presence in India and projects in 67 countries, with offerings in well diversified areas of power transmission and distribution, buildings and factories, water, railways, oil and gas and heavy civil infrastructure. "Ahmedabad Bench of National Company Law Tribunal today approved scheme of amalgamation of JMC Projects (India) Ltd (JMC) with KPTL, leading to the creation of one of India's large listed diversified engineering and construction company with combined order visibility of nearly Rs 43,000 crores," a company statement said. The Board of Directors of KPTL and JMC approved the scheme of amalgamation in February 2022. Pursuant to the scheme, JMC's shareholders (other than KPTL) will be allotted

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Kalpataru Power rallies 9% on board nod for Rs 99-crore fund raise via NCDs

A total of 990 NCDs of face value of Rs 10 lakh each will be issued at a coupon rate of 8.46 per cent under the fundraising plan

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Kalpataru Power bags Rs 1,345 cr orders for pipeline, metro electrification

Kalpataru Power Transmission Ltd (KPTL) on Tuesday said the company and its international subsidiaries have secured new orders worth Rs 1,345 crore. In a regulatory filing KPTL said, the company and its international subsidiaries have secured new orders/notification of awards of Rs 1,345 crore. The company has bagged the said orders in India and in the overseas market in the transmission and distribution (T&D) business, the filing said. The filing further said that the orders are for pipeline laying works secured in joint ventures or in consortium. Some of the orders are for Metro Rail Electrification in India secured in joint ventures or in consortium. "We are pleased with the new order wins secured across our business verticals. The order wins in the T&D and pipeline business help us to further consolidate our order book and establish leadership in key markets," said Manish Mohnot, Managing Director & CEO, KPTL. Mohnot further said that the second metro rail ...

Kalpataru Power surges 9% on securing orders worth Rs 1,345 crore

Analysts at Emkay Global Financial Services believe improving inflow and lower raw-material cost will imply better earnings for KPTL in the coming times.

Kalpataru Power Transmission, its arms bag orders worth Rs 2,290 crore

Kalpataru Power Transmission Ltd and its arms have bagged new orders worth Rs 2,290 crore. Kalpataru Power Transmission Limited (KPTL), a leading global EPC (engineering, procurement and construction) player in the power and infrastructure contracting sector, and its subsidiaries have secured new orders/notification of awards of Rs 2,290 crore at a consolidated level, a company statement said. These include orders from international markets in the power transmission business of Rs 1,416 crore. The company and its subsidiaries also won orders for the construction of an elevated viaduct and five elevated stations of the Kanpur Metro Rail Project, civil works for a data centre and B&F (buildings and factories) projects in India totalling Rs 874 crore. "We are delighted with the traction in new order wins in our T&D, Urban Infra and B&F business. The new orders secured over the past few months will help us to further diversify our global reach and improve our order mix across

KPTL and its subsidiaries secure new orders worth Rs 4,474 crore

The company received oil and gas pipeline projects in India and the Middle East worth Rs 169 crore

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Kalpataru Power Transmission net dips 15.9% to Rs 259 cr in Dec quarter

Kalpataru Power Transmission Ltd (KPTL) on Friday reported a 15.9 per cent drop in its consolidated net profit at Rs 259 crore for the three months to December.

Kalpataru Power raises Rs 200 cr via issuing non-convertible debentures

Kalpataru Power Transmission Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).

Kalpataru Power Transmission bags new orders worth Rs 1,560 crore

Kalpataru Power Transmission Ltd on Thursday said that it has bagged new orders worth Rs 1,560 crore. "Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has secured new orders/notifications of award of Rs 1,560 crores," the company said in a statement. According to the statement, the orders include those from India, Africa, CIS and South America in the power transmission business. Besides, KPTL's international subsidiary has secured new power transmission projects in Europe. Manish Mohnot, MD and CEO, KPTL said: We are delighted with the new order wins, especially that all these orders are in our core power T&D business. These orders in the T&D business reaffirms our confidence in the strong growth of this business going forward. With reduced volatility and good visibility across all our businesses, we are confident to reach our targeted margin and build a strong order book.

Kalpataru Power jumps 7% on securing orders worth Rs 1,560 crore

The stock had been a under-performer so far this month and quarter when compared to the BSE Sensex returns.