Engineering & Construction company Kalpataru Projects International Limited (KPIL) on Friday said that it has secured new orders/notification of awards of Rs 3,244 crore, along with its Joint Ventures (JVs) and international subsidiaries.
The new orders include, orders in Buildings & Factories (B&F) business including KPIL’s largest ever design and build contract for construction of a large-size residential buildings project in South India with a built up area of approx. 13 million square feet from a reputed developer; order for design & construction of an underground metro rail project; and orders in the Transmission & Distribution (T&D) business from overseas markets.
Manish Mohnot, MD & CEO, KPIL, said, “We are delighted to announce strategic order wins across diverse businesses. Our foray into underground metro rail tunneling projects reaffirms our commitment to sustainable urban infrastructure development. Our largest ever order win in our B&F business, on design & build basis, from a reputed developer for a large residential buildings project in South India further fortifies our position as a leading player in this space. The nature of these large order wins, involving engineering scope, reflect on our growing capabilities across a diversified portfolio of business.”
Manish Mohnot added, “Our YTD FY24 order inflows now stand at approximately Rs 17,685 crore, providing a robust foundation for sustained future growth.”
KPIL is a specialized EPC company engaged in power transmission & distribution, buildings & factories, water supply & irrigation, railways, oil & gas pipelines, urban mobility (flyovers & metro rail), highways and airports. KPIL is currently executing projects in over 30 countries and has a global footprint in over 70 countries.
