Page 2 - Kalpataru Power Transmission

Kalpataru Power Transmission Q1 net jumps nearly 3-fold to Rs 78 cr

Kalpataru Power Transmission Ltd (KPTL) on Tuesday reported a nearly three-fold jump in consolidated net profit to Rs 78 crore for the June quarter, mainly on the back of higher revenues.

Kalpataru Power Transmission bags fresh orders worth Rs 625 crore

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 625 crore in domestic and overseas markets. The company said it has won orders in power transmission and railways business. In a regulatory filing, Kalpataru Power Transmission said it has secured new orders/notification of award of about Rs 625 crore. The company said it has won orders from Africa in the power transmission business and an order for railway electrification in India. KPTL's international subsidiary has also secured new power transmission projects in Europe. KPTL Managing Director and CEO Manish Mohnot said: "The new orders in the transmission and distribution (T&D) business provide us with a strategic entry in a new country in the African market, demonstrating sheer focus on strengthening our presence in key markets". Mohnot said the company's order wins for 2020-21 has reached around Rs 8,500 crore at standalone level and has exceeded Rs 16,000 crore at consolidated ...

Kalpataru Power Transmission bags orders worth Rs 1,554 cr

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has won orders worth Rs 1,554 crore. Theorders include those from India, CIS and Latin America in the power transmission business, KPTL said in a statement. Besides, KPTL's international subsidiary has secured new power transmission projects in Europe. "These new order wins help us to strengthen our power transmission order book in India and overseas market. Our current year order inflow has reached around Rs 8,000 crore and additionally we have good visibility across all our businesses. Our order book visibility with low debt gives us confidence of growth from long-term perspective," KPTL Managing Director and CEO Manish Mohnot said. KPTL is a specialized engineering, procurement, construction (EPC) company in India engaged in power transmission and distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business. The company is currently executing ...

Kalpataru Power Transmission secures new orders worth Rs 900 crore

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 900 crore in the domestic and overseas markets. The company said it has won orders in the T&D (transmission and distribution) business from the overseasmarket. In a regulatory filing, Kalpataru Power Transmission Ltd said it has secured new orders/notification of award of about Rs 900 crore. KPTL said it has also bagged engineering, procurement and construction orders for pipeline laying and associated works in India. KPTL Managing Director and CEO Manish Mohnot said: "Our current year order inflow is in excess of Rs 5,400 crore and we are favourably placed in projects of over Rs 2,000 crore. We continue to be on track to achieve our targeted numbers for the current financial year". Shares of Kalpataru Power Transmission Ltd were trading 2.63 per cent higher at Rs 316.05 apiece on BSE in morning session.

Kalpataru Power drops plan for new Mumbai office, cites 'investor feedback'

KPTL had said the plans for the new office in Santa Cruz involved purchasing land for Rs 207 crore

Kalpataru Power dips 15% in 2 days after capex plan for office construction

The board has approved capital expenditure of approximately Rs 207 crore towards the purchase of land and will further incur approximately Rs 170 crore towards other expenses.

Adani Transmission to buy Kalpataru's transmission asset for Rs 1,286 cr

Adani Transmission says Alipurduar Transmission acquisition will bolster its position as the largest private sector transmission company in India.

Kalpataru Power Transmission snaps deal to sell project to CLP India

CLP India is owned by CLP Group, one of the largest investor-owned power businesses in Asia

L&T, KEC Int'l: Oil price crash, Covid-19 to hit capital goods companies

The sharp slide in crude oil prices of more than 40 per cent to $30/barrel is expected to impact overall orders/awarding from the Middle East and North Africa (MENA) region

Punjab may compensate farmers for setting up power towers; policy soon

But he ruled out compensation to farmers for land falling under the transmission lines, since a substantial chunk of 105 acres came under the power lines

Lower debt levels to strengthen outlook for Kalpataru Power Transmission

The company announced plans to sell stakes in its Alipurduar Satpura and Kohima projects

CLP inks deal to buy 3 power assets from Kalpataru for Rs 3,275 cr

The three assets comprise Kalpataru Satpura Transco in Madhya Pradesh, Alipurduar Transmission in Bihar and West Bengal, and Kohima Mariani Transmission

Kalpataru Power to sell 3 transmission assets to CLP India for Rs 3,275 cr

Kalpataru Power Transmission (KPTL) Wednesday said it has entered into binding agreements with Canada's institutional fund manager CDPQ's arm CLP India to sell its stake in 3 power transmission assets for an estimated enterprise value of Rs 3,275 crore. The company is selling stake in Kalpataru Satpura Transco Pvt Ltd (KSTPL), Alipurduar Transmission Ltd (ATL) and Kohima Mariani Transmission Ltd (KMTL) (referred jointly as SPVs), Kalpataru Power Transmission said in a BSE filing. "As a part of this deal, the transaction for ATL and KMTL will be effective post commercial operation date (COD) and fulfilment of certain conditions," the company added. Techno Electric & Engineering Company Ltd (Techno) owns 26 per cent stake in KMTL. "The sale of assets will lead to a significant reduction in KPTL's consolidated debt and will help focus on strategic diversification within core business. KPTL will continue to focus on sustainable and profitable growth with commitment to improve return ..

Kalpataru Power rallies 11% on post Q2 results

The stock rallied 11% to Rs 360 on the BSE in early morning trade after the company reported 28% Y-o-Y jumped in its standalone net profit at Rs 914 million in September quarter.

Kalpataru Power surges 12% on order win worth Rs 8.71 billion

The stock surged 12% to Rs 535 on BSE in early morning trade after the company announced that it has secured new orders worth of Rs 8.71 billion.

Kalpataru Power hits 52-week high on order win of Rs 1,200 crore

The stock moved higher to its 52-week high of Rs 315, up 9% on BSE in intra-day trade.

Kalpataru Power Transmission to raise Rs 300 crore via NCDs

It posted a 50 per cent jump in standalone net profit at Rs 64.53 crore in the quarter ended on June 30, 2016

Kalpataru Power gains on winning new orders worth Rs 1,900 crore

The stock was trading higher by 4% to Rs 267 on the BSE at 10:31 AM.

Kalpataru Power gains on receiving new orders of Rs 1,150 crore

The stock was up 4% at Rs 221 on the BSE as compared to 0.21% decline in the S&P BSE Sensex at 10:01 am.

Kalpataru Power rallies on bagging Rs 1,320 crore orders from Power Grid

The stock rallied 9% to Rs 220 on the BSE in early morning trade.