KPTL secures an order worth Rs 385 crore
Kalpataru Power Transmission (KPTL) said on Monday that it has secured an order worth Rs 385 crore for laying crude oil pipeline for Mundra-Bhatinda pipeline project.
By Pradeep, ET Bureau |
MUMBAI: Kalpataru Power Transmission (KPTL) said on Monday that it has secured an order worth Rs 385 crore for laying crude oil pipeline for Mundra-Bhatinda pipeline project.
For the project is being set up by Hindustan Mittal Energy Limited (HMEL), a joint venture of Hindustan Petroleum Corporation and L N Mittal Group, KPTL will lay 550 km of 28 /30 /48 pipeline for transportation of crude oil from Mundra to Guru Govind Singh Refinery at Bhatinda.
At 2:15 pm, the shares of KPTL was trading 3.67% higher at Rs 230 at Bombay Stock Exchange though the market sentiments were subdued at Mumbai stock market.
For the project is being set up by Hindustan Mittal Energy Limited (HMEL), a joint venture of Hindustan Petroleum Corporation and L N Mittal Group, KPTL will lay 550 km of 28 /30 /48 pipeline for transportation of crude oil from Mundra to Guru Govind Singh Refinery at Bhatinda.
At 2:15 pm, the shares of KPTL was trading 3.67% higher at Rs 230 at Bombay Stock Exchange though the market sentiments were subdued at Mumbai stock market.
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