Kalpataru Bags Orders Worth Rs 21.74 Bn

09 Dec 2024 CW Team

Kalpataru Projects International Ltd (KPIL) announced that it, along with its international subsidiaries, had secured new orders worth Rs 21.74 billion. The company reported that it had won an order for the design and construction of an elevated metro rail project in India.

According to the statement, KPIL also secured orders in the Transmission & Distribution (T&D) business both in India and overseas markets, as well as for residential building projects in the country.

Manish Mohnot, the Managing Director & CEO of KPIL, said that the orders in the T&D business had further strengthened the company's order book in both India and international markets, reflecting robust global demand for T&D projects. He added that the urban infrastructure business had experienced good growth recently, driven by a series of successful order wins in the metro rail segment.

He further mentioned that with these new orders, the Year to Date (YTD) order inflow stood at over Rs 163 billion, and that nearly 85 per cent of the order intake so far had come from the T&D and Buildings & Factories (B&F) businesses.

It was also highlighted that KPIL is one of the largest specialised EPC companies involved in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports. The company was currently executing projects in over 30 countries and had a global footprint in 75 countries.

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