Current Date: 22 Nov, 2024

KPIL's Order Book Explodes: Rs 3,244 Crore Reasons to Celebrate!

Kalpataru Projects International (KPIL), in collaboration with its joint ventures (JVs) and international subsidiaries, has recently secured substantial new orders and notification of awards (NoAs) amounting to Rs 3,244 crore.

Within its Buildings and Factories (B&F) business segment, KPIL has successfully secured its first order from a reputable developer for the construction of an expansive residential buildings project in South India, covering an impressive built-up area of approximately 13 million sq. ft. This achievement further solidifies KPIL's position as a prominent player in the residential construction space.

The second order involves the design and construction of an underground metro rail project, marking KPIL's strategic entry into the electric mobility business with a focus on TBM tunnelling scope. Furthermore, KPIL has also clinched orders for its Transmission and Distribution (T&D) business from international markets. Presently, the company is actively involved in executing projects across more than 30 countries and has established a global footprint in over 70 countries.

With the addition of these recent orders, KPIL's total order inflows now amount to approximately Rs 17,685 crore, providing a resilient foundation for sustained future growth and reinforcing its position in the competitive market.

 

News by Rahul Yelligetti

Source : projxnews