KPIL has bagged orders in the transmission and distribution (T&D) business in overseas markets, building and factories (B&F) orders in India, and engineering, procurement and construction (EPC) orders in the water business in a joint venture.
Jul 20, 2024
Kalpataru Projects International Limited has announced securing new orders worth INR 2,995 crore.
KPIL said the company, along with its joint ventures and international subsidiaries, has bagged orders in the transmission and distribution (T&D) business in overseas markets, building and factories (B&F) orders in India, and engineering, procurement and construction (EPC) orders in the water business in a joint venture.
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Mr. Manish Mohnot, MD and CEO of KPIL, said the firm’s order intake in the current fiscal year, following the recent order wins, stood at INR 6,178 crore.
He said the continuous inflow of orders in the T&D business have reaffirmed the company’s confidence that T&D EPC business would contribute significantly to KPIL’s growth. The orders in the B&F and water business have further strengthened KPIL’s order book, improving the growth visibility for these businesses, he added.
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Mr. Mohnot said the robust and well-diversified order book has given KPIL the confidence to achieve the targeted growth going forward.