Kalpataru Projects bags ~Rs.3,789 crores contract

Kalpataru Projects International along with its international subsidiaries have secured new orders of approximately Rs.3,789 Crores. The new orders secured by the company includes orders in the Buildings and Factories (B&F) business in India, which includes the Company’s largest B&F order secured till date for development of over 12 million square feet of residential buildings along with associated facilities on design built basis and orders in the Power Transmission & Distribution (T&D) in overseas market.

Manish Mohnot, MD & CEO, KPIL, said, “We feel privileged to announce the receipt of the above mentioned orders especially the largest ever B&F order received by us on design and build basis, which is testament of our strong EPC capabilities in the B&F business. This prestigious achievement also has been on several counts – intensive efforts that we have been putting in past several years on improving our ability to win large size projects, and improving competiveness in the focused markets on back of capex and execution capabilities. We look forward to many such opportunities in future.”