KPTL secures new orders worth INR13.2 billion

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14 April 2016, Electricity

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Turnkey transmission line project of 765 KV D/C Vemagiri - Chilakaluripeta of approx. Rs 778 crore from Powergrid Southern Interconnector Transmission System Limited (a wholly owned subsidiary of PGCIL). Transmission line supply projects for Gadarwara - Warora Transmission Line project of approx. Rs 353 crore from Powergrid Warora Transmission Ltd. (a wholly owned subsidiary of PGCIL).

Transmission line supply project for Ultra mega solar park transmission system in Andhra Pradesh of approx. Rs 77 crore from PGCIL. Turnkey transmission line project of approx. Rs 73 crore in Abu Dhabi and also secured substation project of approx. Rs 44 crore from PGCIL.

Commenting on the announcements, Mr Manish Mohnot (Managing Director) said: "This year has been exceptionally good for us from an order inflow perspective. We have secured orders in excess of Rs 7,450 crore in 2015-16, with around 55% contribution from domestic transmission business, 10% from domestic infrastructure business and balance from international markets."

Source: MarketLine

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