Monday, December 4, 2023

KPIL Awarded New Orders Of Rs 2,263 Crores In T&D Business

Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured new orders/notification of awards of Rs  2,263 Crores.

The details of the aforesaid new orders are as follows:

·         Orders in the T&D business of Rs  1,564 Crores in India and overseas markets

·         Order in Water business of Rs  458 Crores    

·         Orders in B&F business of Rs  241 Crores

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 significant growth driver for KPIL in coming years. Additionally, these T&D orders have strengthen 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 Crores, providing improved visibility for future growth.”        

About Kalpataru Projects International Limited (KPIL)

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. KPIL has maintained a leadership position in all its major businesses backed by strong organisational capabilities, superior technical know-how, and adherence to best-in-class sustainability standards.

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