Kalpataru Project bags new order of Rs. 2,174 crores

Kalpataru Projects International (KPIL), along with its international subsidiaries has secured new orders worth Rs. 2,174 crores. The contracts secured by the company are order for design & construction of elevated metro rail project in India, orders in the Transmission & Distribution (T&D) business in India and overseas market and residential building project in India

Manish Mohnot, MD & CEO, KPIL, said, “We are happy with the continuous momentum in order inflows, especially in our T&D and B&F business. The orders in the T&D business have further strengthen our order book in India and international markets, reflecting robust demand for T&D projects globally. In the B&F business, we continue to reinforce our market position with addition of new order from existing client. Additionally, our urban infrastructure business has seen good growth in recent past, driven by a series of successful order wins in metro rail segment. With these orders, our YTD order inflow stands over Rs 16,300 crores, more importantly; nearly 85% of order intake till date is from our T&D and B&F business.”