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Kalpataru Projects International Limited bags Rs 2,774 crore orders

Kalpataru Projects International Limited (KPIL) on Thursday said it has bagged orders worth Rs 2,774 crore. The orders are for the Transmission & Distribution (T&D) business in foreign markets followed by the Design & Build project for a residential building in India and the EPC project for an airport extension from the Airports Authority of India (AAI).

“The orders in the T&D and B&F business have further enhanced our market position and significantly strengthened 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 Rs 9,800 crore and additionally we have a greater business visibility. We continue to focus on delivering sustainable growth and improving profitably going forward,” said Manish Mohnot, MD & CEO, KPIL.KPIL currently has a global reach spanning over 70 countries and is executing projects in over 30 countries, according to a release. The company is a specialist in EPC firms working in the following areas: oil and gas pipelines, buildings and factories, water supply and irrigation, railways, urban mobility, highways, and airports; power transmission and distribution.

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