Kalpataru Projects International Ltd secures Rs 1,016cr in new orders
Kalpataru Projects International Limited (KPIL) and its international subsidiaries have achieved a significant milestone by securing new orders and notifications of awards totaling ₹1,016 Crores. These new orders span various sectors and regions, solidifying KPIL’s position in the market.
The breakdown of these new orders includes ₹552 Crores in the Transmission & Distribution (T&D) business, encompassing projects both in India and overseas. Additionally, the Building & Factories (B&F) business segment in India has received orders worth ₹464 Crores.
Manish Mohnot, the Managing Director & CEO of KPIL, expressed his satisfaction with these order wins, particularly highlighting the significance of the T&D and B&F sectors. He stated, “The order wins in the T&D business allow us to expand our client base and fortify our order book, especially in the domestic T&D market. The orders in the B&F business from esteemed clients reaffirm our confidence in the robust growth of this segment. With these new orders, our year-to-date FY24 order inflows amount to approximately Rs 8,400 crores, and we also hold a strong L1 position, providing us with the confidence to meet our growth targets moving forward.”
KPIL’s consistent ability to secure substantial orders underscores its commitment to excellence and its position as a leading player in the industry. Stay tuned for further updates on their continued growth and success.