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Kalpataru Power Transmission terminates deal with CLP India to sell stake in ATL

04 May 2020 Evaluate

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.

Kalpataru Projects Share Price

1261.65 -31.00 (-2.40%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4056.15
Rail Vikas Nigam 300.40
NCC 167.30
KEC International 570.00
Kalpataru Projects 1261.65
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