Kalpataru Projects Overseas Limited (KPIL) declared on Wednesday that it had obtained new orders of awards totaling Rs 2,273 crore, in conjunction with its overseas subsidiaries and joint ventures (JVs).
The orders are for residential construction projects in India as well as the Transmission & Distribution (T&D) sector in India and international markets.
Manish Mohnot, KPIL’s MD and CEO, stated, “We are thrilled with the steady stream of orders. Our order book keeps getting stronger as the T&D industry, especially in India, gains a lot of traction. Additionally, we are pleased with the recent order wins in the B&F division, which strengthened our position in the residential building industry. With these orders, we have received around Rs 14,100 crore in order inflow so far this year. More significantly, our T&D division has accounted for nearly 56% of all orders received to date.
Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports are among the specialized EPC activities that KPIL is involved in. KPIL presently has a global presence in 74 countries and is working on projects in more than 30 nations.
