Kalpataru Power Transmission Limited receives LoI for Rs 3,276 crore

Kalpataru Power Transmission Limited (KPTL) said that it has received a letter of intent (LoI) for a Rs 3,276 crore deal.

The letter of intent is for a “prestigious project” encompassing the design, engineering, supply, and construction of a 700-kilometer HVDC power transmission line, according to the business.

It stated that the project’s estimated worth is Rs 3,276 crore without providing any other details.

The letter of intent is contingent on certain conditions being met, according to the business.

 

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