Kalpataru Power Transmission (KPTL) has terminated the deal with CLP India to sell its stake in Alipurduar Transmission (ATL). The deal was inked in July last year. Earlier in July 2019, the company had entered into binding agreements with CLP India to sell its stake in 3 power transmission assets for an estimated enterprise value of Rs 3,275 crore.
Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.
