Kalpataru Projects International Limited (KPIL), one of the largest Engineering & Construction companies listed in India along with its international subsidiaries have secured new orders/notification of awards of INR 2,774 Crores.
The details of the aforesaid new orders are as follows:
· Orders in the Transmission & Distribution (T&D) business in overseas markets
· EPC project for Extension of Airport from Airports Authority of India (AAI)
· Design & Build project for residential building in India
Manish Mohnot, MD & CEO, KPIL, said, “We are pleased with the continuous ordering momentum especially in our Transmission & Distribution (T&D) and Buildings and Factories (B&F) business. The prestigious order from Airports Authority of India (AAI) will mark our entry in the growing domestic airport sector and further diversifies our clientele. The orders in the T&D and B&F business have further enhanced our market position and significantly strengthen our order book, thereby improving the growth visibility for these businesses going forward.
With the above order wins, our YTD order intake has reached around ₹ 9,800 Crores and additionally we have a greater business visibility. We continue to focus on delivering sustainable growth and improved profitably going forward.”
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.
