Kalpataru Power Transmission has acquired 100% equity share capital of an SPV Company Alipurduar Transmission (ATL), a wholly owned subsidiary of REC Transmission Projects Company (RECTPCL).
The said SPV was incorporated in April, 2015 by RECTPCL to establish Transmission system strengthening in Indian System for transfer of power from new HEP’s in Bhutan on BOOM basis and the company has acquired it from RECTPCL pursuant to competitive bidding process carried out by RECTPCL.
Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission and distribution, oil and gas pipeline, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.