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Kalpataru Projects and its Subsidiaries Win Orders Collectively Worth Rs. 2,263 Cr.

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have won orders collectively worth Rs. 2,263 Crore in India and from abroad. This information was given by KPIL in its press release dated 4th December 2023.

Kalpataru Projects and its international subsidiaries have secured Transmission and Distribution (T&D) orders worth Rs. 1,564 crore in India and overseas markets. Further, KPIL and its subsidiaries have also secured orders in Building & Factories (B&F) segment and Water segment worth Rs. 241 crore and Rs. 458 crore respectively. The company did not disclose the information about location of orders received in its Water and B&F business segment.

Commenting on these order wins, Mr. Manish Mohnot, MD & CEO of KPIL, said, “ We expect the T&D business to be significant growth driver for KPIL in coming years. Additionally, these T&D orders have strengthened our order book in India, Latin America, Africa, and Sweden. Our YTD FY24 order inflows stands at approximately Rs. 14,441 Crores, providing improved visibility for future growth”.