Kalpataru Projects International Ltd (KPIL) has reported the winning of new orders worth over Rs.1,008 crore.
KPIL and its international subsidiaries have secured new orders/notification of awards worth Rs.1,008 crore, KPIL said in a media release.
The new orders have taken the consolidated order inflows in Q1 (April to June) of FY24 to Rs.5,122 crore. This inflow includes orders won by KPIL along with its domestic/international subsidiaries.
The Rs.1,008-crore worth of new orders include power T&D orders valued at Rs.635 crore in India and the overseas markets. They also include civil works, aggregating Rs.373 crore, for buildings in India.
On track for meeting FY24 target
Manish Mohnot, MD & CEO, KPIL, said “We are pleased to see a consistent influx of new orders, particularly for our B&F and international T&D business. The domestic civil business is experiencing continuous growth, and we can see promising growth prospects in the international T&D sector. Alongside these order wins, our strong L1 position of Rs.5,500+ crores ensures a solid business outlook, giving us confidence in achieving our target order inflows of Rs.26,000+ crore for FY24”.
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Global presence
KPIL is one of the largest specialized EPC companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. KPIL is currently executing projects in over 30 countries and has a global footprint in 70 countries.
Note: Kalpataru Projects International Ltd was formerly known as Kalpataru Power Transmission Ltd.
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