Kalpataru Projects International Limited (KPIL), along with its international subsidiaries, have secured notification of awards / comfort letters of approx. ₹ 2,366 Crores.
The details of the aforesaid new orders are as follows:
· Orders in the Transmission and Distribution (T&D) business in India and overseas market
· Order in the Buildings and Factories (B&F) business in India
Manish Mohnot, MD & CEO, KPIL, said, “We are particularly enthused with the prestigious orders wins in the HVDC segment for our T&D business in India. Our T&D order book continues to grow on back of rising power demand, rapid expansion of renewable energy and focus on improvement of T&D infrastructure. We continue to focus strengthening KPIL’s market position and improve our capabilities in the T&D business globally.
The order in the B&F business is a repetitive orders from an existing client, demonstrating our impeccable track record of timely delivery and strong capabilities in the B&F construction space.
With these new orders, our order intake till date in FY25 has reached ~ ₹ 24,850 Crores, providing good visibility for improved execution and growth going forward.”