Kalpataru Projects International Limited (KPIL) on Monday announced that the company and its international subsidiaries have secured new orders/notification of awards worth Rs 2,263 crore, it said in a regulatory filing.
Further elaborating on the order, KPIL said that T&D business recorded an order worth Rs 1,564 crore in India and overseas markets, the water business posted an order of Rs 458 crore and the B&F business received an order of Rs 241 crore.
Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the new order wins, particularly in our T&D business. 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 a significant growth driver for KPIL in coming years. Additionally, 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. Our YTD FY24 order inflows stands at ~ Rs 14,441 crore, providing improved visibility for future growth.”
KPIL is one of the largest specialized EPC companies engaged in power transmission & distribution, buildings & factories, water supply & irrigation, railways, oil & gas pipelines, urban mobility (flyovers & metro rail), highways and airports. KPIL is currently executing projects in over 30 countries and has a global footprint in over 70 countries.
