In a significant development, Kalpataru Projects International Limited (KPIL) along with its Joint Ventures (JV) and international subsidiaries has successfully clinched new orders/notification of awards totalling Rs. 3,244 Crores across its various businesses.
More Details:
Kalpataru Projects International Limited (KPIL), one of the largest Engineering & Construction companies listed in India, along with its Joint Ventures (JVs) and international subsidiaries has secured new orders/notification of awards of Rs. 3,244 Crores.
The details of the aforesaid new orders are as follows:
- Orders in the Buildings & Factories (B&F) business including KPIL’s largest ever design & build contract for construction of a large-size residential buildings project in South India with a built up area of approx. 13 million square feet from a reputed developer.
- Order for design & construction of an underground metro rail project, signifying KPIL’s foray into electric mobility business with TBM tunnelling scope.
- Orders in the Transmission & Distribution (T&D) business from overseas markets.
Mr. Manish Mohnot, MD & CEO, KPIL, said, “We are delighted to announce strategic order wins across diverse businesses. Our foray into underground metro rail tunnelling projects reaffirms our commitment to sustainable urban infrastructure development. Our largest ever order win in our B&F business, on design & build basis, from a reputed developer for a large residential buildings project in South India further fortifies our position as a leading player in this space. The nature of these large order wins, involving engineering scope, reflect on our growing capabilities across a diversified portfolio of business.” He added “Our YTD FY24 order inflows now stand at approximately ₹17,685 crores, providing a robust foundation for sustained future growth.”
KPIL’s recent triumphs signify not only the company’s strength in securing large-scale projects but also its strategic expansion to emerging sectors. The diverse portfolio of orders positions KPIL as a key player in driving innovation and excellence in the global Engineering & Construction landscape. The sustained order inflows further underscore the company’s trajectory towards continued growth and success.
Source: KPIL- Press Release | Image Credit (representational): UPMRC
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