Kalpataru Projects International Limited Secures Orders of INR 2,263 Crores
Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured new orders/notification of awards of INR 2,263 Crores.
December 04, 2023. By News Bureau
Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured new orders/notification of awards of INR 2,263 Crores.
The details of the aforesaid new orders are as follows- Orders in the T&D business of INR 1,564 Crores in India and overseas markets, Order in Water business of INR 458 Crores, Orders in B&F business of INR 241 Crores
Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the new order wins, particularly in our T&D business. The T&D business continues to witness strong traction in terms of both order inflows and tender pipeline. We expect the T&D business to be significant growth driver for KPIL in coming years. Additionally, these T&D orders have strengthen our order book in India, Latin America, Africa and Sweden.
We continue to focus on strategic orders wins within our B&F and Water business with a focus to improve our market presence and deliver sustainable growth in these businesses. Our YTD FY24 order inflows stands at ~ INR 14,441 Crores, providing improved visibility for future growth.”
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