KPIL secures Rs 10.08 bn orders; aims for Rs 260bn order inflow in FY24

05 Jul 2023 CW Team

Kalpataru Projects International (KPIL) has successfully secured new contracts valued at Rs 10.08 billion in both domestic and international markets. In the first quarter of FY24, KPIL experienced a consolidated order inflow of Rs 51.22 billion.

These new orders encompass Rs 6.35 billion for transmission and distribution (T&D) ventures in both the Indian and overseas markets, as well as Rs 3.73 billion allocated for civil works in building projects within India.

With a steady influx of orders, particularly in the buildings and factories (B&F) sector and its international T&D business, KPIL has set a target order inflow of Rs 260 billion for the fiscal year 2024.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..