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Kalpataru Power Transmission’s arm completes acquisition of 51% stake in Fasttel

08 Apr 2021 Evaluate

Kalpataru Power Transmission’s wholly owned subsidiary -- Kalpataru Power Do Brasil Participacoes has completed the acquisition of 51% stake in Fasttel Engenharia, a Brazilian EPC Company (Fasttel), along with management control on April 07, 2021.

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 3858.00
Kalpataru Projects 1335.50
NCC 114.55
Rail Vikas Nigam 179.80
KEC International 329.65
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