Kalpataru Projects International (KPIL) & its international subsidiaries have secured new orders/notification of awards of Rs. 2,263 crores. The contract bagged by the company are orders in the T&D business of Rs. 1,564 crores in India and overseas markets, order in Water business of Rs. 458 crores and orders in B&F business of Rs. 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 ~ Rs.14,441 crores, providing improved visibility for future growth.”
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