Kalpataru Power Transmission Limited (KPTL), a leading EPC player in power transmission and distribution, announced that it has pocketed three orders from Power Grid Corporation of India Limited (PGCIL) for 765 kv and 400 kv transmission line projects.

The fresh orders received by the company are valued at Rs 399 crore.

The scope of the orders includes supply and construction of transmission lines in Bihar, Chhatisgarh and Assam.

The company is required to execute the orders between 18 to 24 months.

KPTL said that the new orders received by the company takes its book value in excess of Rs 5000 crores.

Moreover, KPTL, on March 09, has also been awarded a deal worth Rs 3.85 billion for laying of approximately 550 KMs of 28`/30`/48` pipeline as Part A of Mundra-Bhathinda Pipeline Project for transportation of crude oil from Mundra to Guru Govind Singh Refinery at Bhatinda.

This project is being set up by Hindustan Mittal Energy (HEML) and LN Mittal Group and has to be executed in three spreads. It will be completed in 18 months from the date of award.

KPTL is one of world’s top companies in the design, testing, fabrication, erection and construction of transmission lines and substation structures on a turnkey basis across India as well as abroad.

At 11:11 a.m., shares of KPTL declined 1.3% to trade at Rs 309.05 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1222 and a low of Rs 222 on BSE.