+
KPIL Secures New Orders Worth Rs 24.71 Billion
ECONOMY & POLICY

KPIL Secures New Orders Worth Rs 24.71 Billion

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

BMW Ventures Secures Rs 249.83 Million (mn) Steel Orders

BMW Ventures Limited said it has secured two purchase orders totalling Rs 249.83 million (mn) from Lata Projects Limited for the supply of TMT steel FE-550D grade for three units of 800 megawatt (MW) capacity at the USCTPP Adani project. The orders were disclosed to the stock exchanges under Regulation 30 of the SEBI Listing Regulations and carry a contract value inclusive of all taxes.\n\nThe company stated that the orders will be executed within eight weeks from the date of the purchase orders and that the contract provides for 100 per cent advance payment with specified guarantees. The supp..

Next Story
Real Estate

Housing Sales Dip in Top Eight Cities in Q2, Pune and Bengaluru Hit Hard

Housing sales across the top eight cities fell six point one per cent year-on-year to 91,729 units in the April-June quarter from 97,674 a year earlier, PropTiger’s Real Insight Residential report showed. The moderation reflected seasonal pre-monsoon effects and heightened buyer caution amid the US-Iran conflict. New launches rose six per cent to 89,161 units. The impact was concentrated in technology-driven markets, with Pune and Bengaluru among the hardest hit. Pune recorded the steepest annual decline at 20.8 per cent, with sales falling to 12,642 units, while Ahmedabad declined 20.2 per ..

Next Story
Infrastructure Urban

India And ADB Sign US$230 Million Loan To Modernise Chennai Water

The Government of India and the Asian Development Bank (ADB) signed a US$230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai. Saurabh Singh, Deputy Secretary, Department of Economic Affairs (DEA), signed on behalf of the Government of India and Mio Oka, Country Director of ADB’s India Resident Mission, signed for the lender. The engagement was guided by Baldeo Purushartha, Joint Secretary (ADB and Japan), DEA. The Chennai Climate-Resilient Water Security and Sewerage Project aims to improve access to safe and reliable water and sanitation citywide w..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code