Current Date: 06 Oct, 2024

Kalpataru Projects received new orders of Rs 2,263 Crores

Kalpataru Projects International (KPIL) and its global subsidiaries have secured significant new work orders and notifications of awards (NoA), totaling Rs 2,263 crore.

In the domain of transmission and distribution (T&D), KPIL has clinched a contract valued at Rs 1,564 crore, spanning both the Indian and international markets. Meanwhile, its water business has secured orders amounting to Rs 458 crore, with the buildings and factories (B&F) business garnering an estimated Rs 241 crore.

These T&D contracts mark a crucial milestone, empowering the company to fortify its order book across India, Latin America, Africa, and Sweden. KPIL is strategically pursuing order wins in the B&F and water sectors, aiming to enhance its market presence and achieve sustainable growth in these key business segments.

As of FY24, the order inflow for the Engineering, Procurement, and Construction (EPC) company stands at approximately Rs 14,441 crore.

News by Rahul Yelligetti

Source : Projxnews