Kalpataru Projects International Bags Rs 2,263-Crore Orders in India, Overseas Markets – News18

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Kalpataru Projects International Bags Rs 2,263-Crore Orders in India, Overseas Markets – News18


Published By: Mohammad Haris

Last Updated: December 04, 2023, 14:12 IST

Kalpataru Projects International Bags Rs 2,263-Crore Orders in India, Overseas Markets.

KPIL’s transmission and distribution enterprise secures orders totalling Rs 1,564 crore in India and abroad markets; its water and buildings and factories companies have bagged orders value Rs 458 crore and 241 crore, respectively

Kalpataru Projects International Limited (KPIL) on Monday introduced bagging new orders value Rs 2,263 crore in the home and abroad markets. The firm’s transmission and distribution (T&D) enterprise has secured orders totalling Rs 1,564 crore in India and abroad markets, KPIL stated in an trade submitting.

Water and buildings and factories companies have bagged orders value Rs 458 crore and 241 crore, respectively. KPIL and its worldwide subsidiaries have secured new orders/notification of awards of Rs 2,263 crore, the submitting stated.

Manish Mohnot, MD & CEO, KPIL, stated, “These T&D orders have strengthened our order book in India, Latin America, Africa and Sweden. We continue to focus on strategic orders wins within our B&F and water business with a focus to improve our market presence and deliver sustainable growth in these businesses.” The firm’s present order inflows stand at Rs 14,441 crore, he stated. “The T&D business continues to witness strong traction in terms of both order inflows and tender pipeline. We expect the T&D business to be significant growth driver for KPIL in coming years,” Mohnot stated.

Kalpataru Projects International Limited is likely one of the largest specialised EPC (engineering, procurement and development) firms engaged in energy transmission and distribution, buildings and factories, water provide and irrigation, railways, oil and fuel pipelines, city mobility (flyovers and metro rail), highways and airports. KPIL is at the moment executing tasks in over 30 nations and has footprints in over 70 nations.

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



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