KPTL wins $250m Kuwait order
Kuwait, January 30, 2009
Kalpataru Power Transmission Limited (KPTL), a leading EPC player in power transmission and distribution, said it has won a $250 million power transmission order from the Ministry of Energy and Water, Kuwait.
The order is by far the largest for an Indian transmission company that relates to a 172 km-400 KY double circuit overhead transmission line, the company said in a statement.
The order, which will be completed in 24 months, involves procurement of materials like conductors, insulators which are required for completing the turnkey project, besides 25000 MT of galvanized steel towers from the company's facility in Gandhinagar, Gujarat.
The scope of work on the project involves Engineering Procurement Construction (EPC) including survey, design & testing, manufacturing of towers, survey of lines, erection, stringing, testing and commissioning.
Mofatraj P Munot, chairman, Kalpataru Group, said the Kuwait project was a result of its 8 years long effort to test competency in EPC projects on a global level.
'This project will help us in taking the organization to a different level on the international operations front,' he noted.
Commenting on the latest order, Manish Mohnot, executive director, KPTL said 'this is a major contract for an Indian company and is a clear reflection of the company's capability to execute large orders on schedule and in a very competitive environment.'
Kalpataru has successfully completed projects involving supply of towers/EPC projects in 28 countries.
The company is currently executing EPO turnkey projects worth $350 million in various overseas countries including Algeria, Djibouti, Abu Dhabi, Kuwait, Ethiopia, Nepal and South Africa.-TradeArabia News Service