News
Kalpataru Projects International Secures New Orders Worth Rs 1,241 Crores in T&D and Building Sectors
New Delhi / September 30, 2024: Kalpataru Projects International Limited (KPIL), an Engineering and Construction company, has announced the acquisition of new orders and notifications of awards totaling Rs 1,241 crores. The new orders encompass projects in the Transmission and Distribution (T&D) sector both within India and in international markets, as well as residential and commercial building projects across the country. This significant milestone underscores KPIL’s continued growth and commitment to expanding its portfolio in the engineering and construction industry, a statement from the company said.
Manish Mohnot, MD & CEO, KPIL, said, “We are happy with the robust ordering momentum. These new orders has further strengthen our order book with YTD order inflows reaching over ₹ 11,000 Crores. More importantly, nearly 80-85% of the new order inflows including L1 are from our Transmission & Distribution (T&D) and Buildings and Factories (B&F) business, which gives us good confidence to deliver sustainable growth and profitably on back of our robust capabilities, strong track record and leading market position in these businesses.”
KPIL is one of the largest specialized EPC companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. KPIL is currently executing projects in over 30 countries and has a global footprint in over 70 countries, the statement added.
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