KPIL Bags Rs 2,217 Cr New Orders
Kalpataru Projects International (KPIL), on Monday, said that it has secured new orders worth Rs 2,217 crore.
The new order in the T&D (transmission and distribution) has bagged orders worth Rs 1,993 in India and overseas markets and the B&F (building and factories) business has secured Rs 224 crore in the domestic market, the company’s statement said.
Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the significant order wins, resulting in our total order inflows reaching Rs.10,616 Crores in the current financial year.
“Our flagship T&D business has secured noteworthy order inflows of around Rs.5,400 crore till date in FY24, which provides good visibility for growth going forward. We also have an additional L1 position of about Rs 4,000 crore largely spread across T&D, B&F and Water business. Our strong order book position and diversified business mix reaffirm our confidence to achieve our targeted vision for 2025.”
KPIL is one of the largest specialised EPC (engineering, procurement and construction) companies engaged in power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility (flyovers and metro rail), highways and airports. KPIL is currently executing projects in over 30 countries and has a global footprint in over 70 countries.
