KPIL Wins Rs. 3,789 Cr. of Orders, Gets its Largest B&F Order
Kalpataru Projects International Limited (KPIL) has won orders collectively worth Rs. 3,789 crore through its Buildings and Factories (B&F) and Transmission & Distribution (T&D) businesses. The company has secured these orders in India and overseas.
In India, the company has won orders in Buildings and Factories business, one of which is for constructing over 12 million square feet of residential buildings. As per KPIL, this is the company’s largest B&F order till date. This order will be developed on design-build basis, meaning that under this contract KPIL will design as well as construct these buildings.
Apart from this, Kalpataru Projects has won Power Transmission and Distribution (T&D) orders in overseas market. However, the company did not specify any further details about these orders.
Commenting on these order wins, Mr. Manish Mohnot, MD & CEO of KPIL, said “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”. Referring to the company’s aforementioned B&F order win, he specifically mentioned that it is a testament to Kalpataru Projects’ capabilities as an EPC service provider.
