Kalpataru Power secures new orders

Kalpataru Power Transmission Ltd has announced the following:

1. The Company, along with its international consortium partner, has secured its first partial EPC (excluding supply of line pipes) contract for 30" 74* Kms Panvel-Dabhol Pipeline Project worth Rs 1.8 billion from Gas Authority of India Ltd. The pipeline is to be commissioned by March 2007 and the company is making further capex investment of approx Rs 300 to 350 million for buying further specialized equipments.

2. The Company had secured two Feeder Separation order, covering over 4000 villages, in Kolhapur, Nasik and Pune Zones from Maharashtra State Electricity Distribution Co. Ltd worth Rs 3.8 Billion in May 06.

3. The Company has secured a 330 Kv, 72 kms contract from ZESCO Ltd., Zambia approx USD 9 Million.

Source : Equity Bulls

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