Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has received a Letter of Intent (LoI) for Power Transmission and Distribution projects in the international market.
- The LoI is for a prestigious project involving design, engineering, supply and construction of a HVDC power transmission line of 700 kms.
- The estimated value of the project stands at Rs.3,276 Crores (USD 431 Million). The LoI is subject to fulfilment of certain conditions.
- The project will start immediately with design and engineering activities in Phase 1.
Commenting on the development, Mr. Manish Mohnot, Managing Director & CEO, KPTL said “We feel privileged to announce the receipt of the above mentioned LoI. This landmark achievement has been on several counts -intensive efforts that we have been putting in over the last several years on large size projects for long-term value creation, developing strong client relationships and penetrate deeper into the focused markets on the back of our strong technical and execution capabilities.
- This is also a hugely rewarding experience as we were working along with the same clients for past few years and is a testament for our quality solutions and expertise in power T&D business.
- We look forward to many such opportunities in future.
About Kalpataru Power Transmission Limited (KPTL):
- KPTL is one of the largest specialized EPC companies engaged in power transmission & distribution, oil & gas pipeline, railways and civil infrastructure business.
- KPTL is currently executing projects in over 40 countries and has global footprints in over 60 countries.
- KPTL has maintained leadership position in all its major business backed by strong organisational capabilities, superior technical knowhow, and adherence to top-class sustainability standards.
Source: Kalpataru Power Transmission-Press Release | Image Credit (representational): Pixabay