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Kalpataru gets Rs 1400 cr order from MSETCL

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MUMBAI (Commodity Online): Kalpataru Power Transmission Ltd (KPTL) has recently secured orders worth Rs. 1400 Crores (approx) from Maharashtra State Electricity Transmission Co. Ltd (MSETCL) and North East Transmission Co. Ltd for transmission and substation projects.

Maharashtra State Electricity Transmission Co. Ltd (MSETCL) order is for turnkey execution of 220 and 132 KV transmission lines and substation end bays under Strategic Alliance EPC Model, to be executed over a period of next 3 years. The scope of work includes execution of approx 2500 KM transmission lines and 137 substation end bays, spread over various zones of Maharashtra State.

North East Transmission Co. Ltd contract covers turnkey execution of 158 KM of 400 KV D/C Churaibari – Silcher – Khelerihat line in the state of Meghalaya and Assam to be executed in 28 months period.

KPTL’s order book has exceeded Rs 6000 crores (more then 1.2 billion USD) which has to be executed over the next two to three years. Commenting on the order Mr Manish Mohnot (Executive Director) mentioned “We are proud to be associated with MSETCL for the strategic alliance project. Our current order book is very healthy in terms of profitability and a right mix of domestic and overseas projects. “ (IndiaPRWire)

MCX GOLD.995 04 August 2012 contract was trading at Rs 28520 , up Rs. 133 . What's your view on it?
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