KPTL Secures New Contract Orders

26 April 2011 (Last Updated April 26th, 2011 18:30)

India's Kalpataru Power Transmission (KPTL) has secured three contracts worth INR13bn ($1.99bn) from domestic, Ukrainian and Tanzanian companies. Ukraine-based NEC Ukrenergo awarded the company a contract worth INR8.25bn ($1.26bn) for the construction of 750kv, 353km transmission lines.

India's Kalpataru Power Transmission (KPTL) has secured three contracts worth INR13bn ($1.99bn) from domestic, Ukrainian and Tanzanian companies.

Ukraine-based NEC Ukrenergo awarded the company a contract worth INR8.25bn ($1.26bn) for the construction of 750kv, 353km transmission lines.

The contract is funded by the European Bank for Reconstruction and Development and is slated to be complete in two years’ time.

Tanzania-based Millenium Challenge Account awarded a contract worth INR420m ($64.37m) for the construction of a 132kv transmission line of 41km to connect Zanzibar Interconnector.

Maharashtra State Electricity Transmission has also awarded a contract worth INR4.57bn ($700m) to KPTL for the construction of 400kv Babhaleshwar to Kudos DCQ 200km line and 400kv D/C Padge to Tarapur DC line of 4km.