Kalpataru Projects Secures Rs 1,011 Crore in New Orders
Kalpataru Projects International Ltd (KPIL) has announced securing new orders worth Rs 1,011 crore across various sectors including transmission and distribution, railways, and buildings in India and internationally. The company has strengthened its order book with year-to-date inflows exceeding Rs 17,300 crore.
- Country:
- India
Kalpataru Projects International Ltd (KPIL) announced on Tuesday that it has secured new orders totaling Rs 1,011 crore. These orders were obtained through KPIL's international subsidiaries and cover an array of sectors.
The company statement outlined that the new projects include ventures in the transmission and distribution segment overseas, as well as in the railway and buildings & factories sectors within India. Manish Mohnot, MD & CEO of KPIL, expressed satisfaction with the momentum of order inflows, citing that year-to-date orders have surpassed Rs 17,300 crore. A substantial 85% of these orders originate from the core T&D and B&F businesses.
Mohnot also highlighted KPIL's steady growth in the T&D business over the last three quarters and noted the strengthened leadership in the B&F segment. Kalpataru Projects is a major EPC company with a global reach, executing projects in over 30 countries and having a presence in 75 countries.
(With inputs from agencies.)
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