Kalpataru Power Transmission (KPTL) is expecting shareholder’s approval to issue Non Convertible Debentures worth Rs. 300 crore on a private placement basis in the Annual General Meeting scheduled for 29 September.
The company has bagged many projects worth Rs. 880 crore in both International and domestic market.
The company secured five transmission line projects together valued at Rs 465 crore in Tanzania, Ukraine, Thailand, Tajikistan and Ethiopia.
KPTL is a dominant player in the power, infrastructure and asset creation sector.
It has also bagged Rs 75-crore pipeline laying project from GAIL.
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