Kalpataru Projects International, Arms Bag Orders Worth Rs 2,071 Crore – News18

Kalpataru Projects International and its arms have bagged orders value Rs 2,071 crore, in line with an announcement on Thursday. The new orders embrace orders within the Transmission & Distribution (T&D) enterprise in abroad markets, the assertion stated.

Besides, it has additionally bought an order for design & building of an underground metro rail challenge in India.

Manish Mohnot, MD & CEO, Kalpataru Projects International Limited (KPIL), stated, “The T&D orders in Brazil and underground metro rail-tunnelling order in India have significantly enhanced growth visibility for Fasttel and Urban Infra business going forward.” KPIL’s order consumption (together with LOAs/LOIs) within the present monetary 12 months stands at a file excessive of Rs 30,000 crore together with some giant and strategic order wins in T&D, B&F, Oil & Gas, and Urban Infra enterprise, he added.

This landmark achievement has been on a number of counts – intensive efforts that the corporate has put in during the last a number of years on enhancing its geographical footprints in excessive development EPC markets, growing sturdy consumer relationships and penetrating deeper into the centered companies on the again of sturdy technical and execution capabilities, he added.

“Our robust order book position and established execution capabilities give us confidence to deliver good growth going forward,” he stated.

KPIL is without doubt one of the largest specialised EPC (Engineering Procurement Construction) firms engaged in energy transmission & distribution, buildings & factories, water provide & irrigation, railways, oil & gasoline pipelines, city mobility (flyovers & metro rail), highways, and airports.

It is at the moment executing initiatives in over 30 nations and has a world footprint in over 70 nations.

(This story has not been edited by News18 employees and is printed from a syndicated information company feed – PTI)