Current Date: 05 Jul, 2024

Kalpataru bags Rs 2,333 cr order

Kalpataru Projects International (KPIL), bolstered by its joint ventures and international subsidiaries, has announced securing new orders amounting to Rs 2,333 crore. These orders span across KPIL's core sectors, including transmission & distribution (T&D) in both Indian and overseas markets. Notably, the company clinched a significant EPC order for an industrial plant within the metal industry and a substantial residential building project in India. The highlight of this achievement is KPIL's largest order in Sweden, facilitated through its subsidiary, LMG.

These developments mark a substantial addition to KPIL's order book, enhancing growth prospects particularly in the T&D sector. The company's Buildings & Factories (B&F) division has also reinforced its capabilities with a noteworthy EPC contract from a prestigious Indian client in the metal industry. KPIL, renowned for its robust organizational capabilities and technical expertise, continues to maintain leadership across its major business segments.

With ongoing projects in over 30 countries and a global presence extending to more than 70 nations, KPIL remains steadfast in its commitment to delivering excellence in diverse markets worldwide. This latest influx of orders underscores KPIL's resilience and strategic expansion in key sectors, positioning it strongly for future growth and sustainability.

News by Rahul Yelligetti

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Source : Projxnews