Kalpataru Power Transmission has completed the sale and transfer of an additional 25% of the total equity shares of Alipurduar Transmission (ATL) held by the Company to Adani Transmission. Post such sale, the company has now transferred an aggregate of 74% of the total equity shares of ATL, with an agreement to sell balance 26% to Adani Transmission, after obtaining requisite regulatory and other approvals and in a manner consistent with Transmission Service Agreement.
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.