KPIL Secures Major Orders Boosting T&D and Residential Sectors

Kalpataru Projects International Ltd has announced securing orders worth Rs 2,273 crore, boosting its Transmission & Distribution and residential projects. The orders span both domestic and international markets, with a significant portion from the T&D sector, strengthening the company's order book and enhancing its position in the EPC industry.

Kalpataru Projects International Ltd has announced it has secured significant orders valued at Rs 2,273 crore. This development marks a positive trajectory for the company's Transmission & Distribution (T&D) and residential sectors.

According to a company statement, these orders encompass projects both within India and on international terrains, cementing Kalpataru's expansion and capabilities in core areas. The company's joint ventures and international subsidiaries played a significant role in achieving these awards.

Commenting on the progress, Manish Mohnot, the Managing Director and CEO of KPIL, expressed satisfaction over the growing strength in T&D business dealings primarily in India. He highlighted that 56% of the current year's order intake was due to the T&D sector, enhancing the overall performance of this leading EPC firm.

(With inputs from agencies.)