Kpil Awarded New Orders Of ₹ 2,263 Crores

KalpataruIndia | Monday, 05 December 2023: Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured new orders/notification of awards of ₹ 2,263 Crores.

The details of the aforesaid new orders are as follows:

  •  Orders in the T&D business of ₹ 1,564 Crores in India and overseas markets
  •  Order in Water business of ₹ 458 Crores
  •  Orders in B&F business of ₹ 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 a significant growth driver for KPIL in the coming years. Additionally, these T&D orders have strengthened our order book in India, Latin America, Africa, and Sweden.

We continue to focus on strategic order wins within our B&F and Water businesses with a focus on improving our market presence and delivering sustainable growth in these businesses. Our YTD FY24 order inflows stand at ~ ₹14,441 Crores, providing improved visibility for future growth.”