Kalpataru Power Transmission Ltd, in a stock exchange filing, announced the receipt of new orders worth Rs.875 crore for construction of transmission lines. The Mumbai-headquartered company said that Rs.278 crore worth of orders related to India, while the remaining Rs.597 crore were for works in Afghanistan, Ivory Coast and Bangladesh. The domestic orders include one from a private power transmission utility.
As of end-September 2017, Kalpataru had an outstanding order book of Rs.35 billion with respect to domestic power transmission orders. As of the same date, the order book for international orders stood slightly higher at Rs.36.3 billion.
Out of the Rs.96-billion order book as of September 30, 2017, the power transmission sector (both domestic and international) accounted for 74 per cent, whereas the infrastructure segment (mainly pipelines and railways) stood for the remaining 26 per cent.
It is interesting to note that most of Kalpataru’s domestic power transmission order book (40 per cent) as of September 2017 related to private transmission utilities. Power Grid Corporation of India accounted for 35 per cent share followed by state utilities with around 24 per cent.
With respect to the international power transmission orders, Africa was the biggest destination with respect to outstanding order book as of September 2017.
