Kalpataru Bags Rs 23.33 Bn Orders for New Projects

28 Jun 2024 CW Team

Kalpataru Projects International Ltd (KPIL) and its subsidiaries have bagged orders worth Rs 23.33 billion, covering several sectors including transmission and distribution (T&D) and water management. These orders were secured both domestically and internationally, showcasing KPIL?s expanding global footprint.

The T&D business accounted for Rs 15.64 billion of these new orders, which includes significant projects in India and abroad. This segment continues to be a strong growth area for KPIL, reinforcing its market position in international markets. Additionally, KPIL secured Rs 769 crore worth of projects in the water business sector, further diversifying its portfolio.

Manish Mohnot, Managing Director and CEO of KPIL, expressed his enthusiasm about the consistent order inflows, emphasising that these new contracts will bolster KPIL?s growth and market presence. The company's diversified business model, spanning various infrastructure sectors, is seen as a key driver for its sustained success.

Kalpataru?s robust order book and strategic expansions underscore its commitment to enhancing infrastructure development globally. The firm is currently executing projects in over 30 countries, establishing a significant presence across 70 nations.

KPIL remains focused on leveraging its expertise in engineering, procurement, and construction to deliver impactful infrastructure solutions worldwide, contributing significantly to its targeted growth trajectory for the fiscal year.

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