Kalpataru Projects International Limited (KPIL) and its international subsidiaries have been awarded significant orders totaling Rs 1,016 crore, as confirmed by a company announcement.
Among these orders, KPIL received contracts in the Transmission and Distribution (T&D) sector, both in India and international markets, with a cumulative value of Rs 552 crore. Additionally, the company secured contracts in the Building and Factory (B&F) business within India, amounting to Rs 464 crore.
Commenting on these developments, Manish Mohnot, the Managing Director and Chief Executive Officer of KPIL, stated, “With the above orders, our Year to Date (YTD) FY24 order inflows stand at around Rs 8,400 crore, and additionally, we have a strong L1 position, which gives us confidence to deliver on growth targets going forward.”
These new contracts further bolster KPIL’s order book, reflecting the company’s commitment to expanding its presence in the Transmission and Distribution and Building and Factory sectors, both domestically and abroad.