Element 1 & 3 of Kohima-Mariani Transmission Limited successfully commissioned

Kohima-Mariani Transmission Limited (KMTL) has successfully completed and declared Scheduled Commercial Operations of Element-1 (New Kohima Substation) and Element-3 (New Kohima - New Mariani Line).

KMTL was established to set-up transmission system under North Eastern Region Strengthening Scheme (NERSSVI) on BOOM basis. The project involved design, financing, construction, commissioning, operation and maintenance of 400 KV transmission line and substation. The transmission line passes through three states i.e. Manipur, Nagaland and Assam and comprises of three elements namely New Kohima Substation (Element 1), Imphal-New Kohima Line (Element 2) and New Kohima - New Mariani Line (Element 3). The Element-2 (ImphalNew Kohima Line) has achieved significant progress and is fast nearing completion. KMTL has won this BOOM in a competitive bidding process conducted by PFC Consulting Limited (PFCCL).

KMTL is a joint venture between KPTL and Techno Electric & Engineering Company Limited (TEECL) with KPTL holding 74% of equity.

Commenting on the completion achievements, Mr. Manish Moh not, MD & CEO, KPTL said, "It gives us immense pride to sucessfully complete and commission Element 1 and 3 of the KMTL Transmission Asset. This achievement is testament to KPTL's ability to successfully deliver projects within scheduled time in some of the toughest geographical terrains. The projects also establishes KPTL as a marquee player in the asset owned power transmission business."

Shares of KALPATARU POWER TRANSMISSION LTD. was last trading in BSE at Rs.230.7 as compared to the previous close of Rs. 233.75. The total number of shares traded during the day was 11562 in over 1041 trades.

The stock hit an intraday high of Rs. 233.85 and intraday low of 228.25. The net turnover during the day was Rs. 2669078.

Source : Equity Bulls

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