In a significant development, Kalpataru Projects secures orders as Kalpataru Projects International Limited (KPIL) and its global subsidiaries have successfully secured new orders worth a substantial ₹2,217 Crores. These fresh contracts span various sectors and regions, reflecting KPIL’s commitment to excellence and continued growth.
Here’s a breakdown of the latest order acquisitions:
- Transmission & Distribution (T&D) Orders: KPIL has secured contracts amounting to ₹1,993 Crores, encompassing both the domestic and international markets.
- Buildings & Factories (B&F) Orders: In the Indian market, KPIL has clinched contracts valued at ₹224 Crores.
Manish Mohnot, the Managing Director and Chief Executive Officer of KPIL, expressed his enthusiasm about this achievement. He stated, “We are delighted with the significant order wins, resulting in our total order inflows reaching Rs. 10,616 Crores in the current financial year. Our flagship T&D business has secured noteworthy order inflows of around Rs. 5,400 Crores in FY24, providing substantial growth visibility. Additionally, we have an impressive L1 position, with contracts valued at about Rs. 4,000 Crores, predominantly spanning the T&D, B&F, and Water business sectors. Our robust order book and diversified business portfolio reaffirm our confidence in achieving our vision for 2025.”
This remarkable achievement underscores KPIL’s commitment to delivering quality projects and its strong position in the market. With a diverse business mix and a growing order book, the future looks promising for the company.
About Kalpataru Projects:
Kalpataru Projects International Limited (KPIL) is a leading EPC company that specializes in various sectors including power transmission and distribution, construction of buildings and factories, water supply and irrigation systems, railways, oil and gas pipelines, urban mobility infrastructure such as flyovers and metro rail, as well as highways and airports. KPIL is recognized as one of the largest companies in this field.
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