Kalpataru Projects International Limited and its subsidiaries have secured new orders and notifications of awards totalling Rs 24.71 billion (bn), reinforcing the company's position among specialist engineering, procurement and construction firms in power transmission and distribution (T&D) and civil infrastructure. The contracts include work across domestic and overseas markets and span multiple verticals within the infrastructure sector. Management presented the wins as a reflection of sustained demand and competitive capabilities.

The new awards comprise a package for an underground metro rail project secured in a joint venture consortium, several transmission and distribution contracts in India and abroad, and orders in the buildings and factories (B&F) business in India. The metro contract was highlighted as a strategic addition to the company's urban mobility portfolio. The diversity of the orders is expected to support balanced revenue streams across businesses.

Manish Mohnot, managing director and chief executive officer of KPIL, said that the company was pleased with the new order wins and that the contracts had strengthened the order book and underlined buoyancy in the transmission, urban infrastructure and buildings businesses. He noted that the metro rail project would enhance presence in the growing urban transportation segment and that the T&D and B&F orders improved growth visibility. Leadership attributed the performance to organisational capabilities and technical knowhow.

The company stated that it had secured orders totalling about Rs 220 billion in the current financial year to date, supported by a healthy pipeline and several L1 positions which gave confidence in achieving fiscal year targets. KPIL is currently executing projects in over 30 countries and maintains a global footprint in 75 countries, operating across water, rail, oil and gas pipelines, highways and airports as well as urban mobility. The firm asserted that sustained execution and adherence to sustainability standards had underpinned its market standing.