Stock Report

KPTL successfully commissions Kohima-Mariani Transmission Ltd



Posted On : 2020-11-13 23:37:20( TIMEZONE : IST )

KPTL successfully commissions Kohima-Mariani Transmission Ltd

Kohima-Mariani Transmission Limited (KMTL) has successfully commissioned Element-2 (Imphal-New Kohima Line) of the Project.

Earlier in July 2020, KMTL had commissioned Element-1 (Substation) and Element-3 (New Kohima - New Mariani Line). With the commissioning of Element 2 now, the project is completed.

KMTL was set-up to implement a transmission system under North Eastern Region Strengthening Scheme (NERSS-VI) on BOOM basis. The Project was won under a competitive bidding process conducted by PFC Consulting Limited (PFCCL). The Project involved design, financing, construction, commissioning, operation and maintenance of 254 ckms of 400 KV transmission line. 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 now been completed and offered for commercial operations.

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

Shares of KALPATARU POWER TRANSMISSION LTD. was last trading in BSE at Rs.254.85 as compared to the previous close of Rs. 249.6. The total number of shares traded during the day was 10360 in over 891 trades.

The stock hit an intraday high of Rs. 257.45 and intraday low of 249.4. The net turnover during the day was Rs. 2636161.

Source : Equity Bulls

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