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Kalpataru Power's JV declares scheduled commercial operations of Element-1, Element-3

01 Aug 2020 Evaluate

Kalpataru Power Transmission (KPTL) and Techno Electric & Engineering Company’s (TEECL) joint venture (JV) -- Kohima-Mariani Transmission (KMTL) has successfully completed and declared scheduled commercial operations of Element-1 (New Kohima Substation) and Element-3 (New Kohima - New Mariani Line). In the JV, KPTL’s holding is 74% of equity.

KMTL was established to set-up transmission system under North Eastern Region Strengthening Scheme (NERSSVI) on BOOM basis. The project involved design, financing, construction, commissioning, operation and maintenance of 400 KV transmission line and substation. The transmission line passes through three states i.e. Manipur, Nagaland and Assam and comprises of three elements namely New Kohima Substation (Element 1), Imphal-New Kohima Line (Element 2) and New Kohima - New Mariani Line (Element 3). The Element-2 (ImphalNew Kohima Line) has achieved significant progress and is fast nearing completion. KMTL has won this BOOM in a competitive bidding process conducted by PFC Consulting (PFCCL).

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.

Peers
Company Name CMP
Larsen & Toubro 3850.00
Kalpataru Projects 1375.25
NCC 137.30
Rail Vikas Nigam 198.90
KEC International 406.80
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