KPIL wins new projects worth INR 2,333 crore

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Kalpataru Projects International Ltd (KPIL) has secured new orders for projects worth INR 2,333 crore ($279.54 million). These includes orders in the transmission & distribution (T&D) business in India and overseas markets, EPC order for an industrial plant in the metal industry, and residential building order in India.

The new order wins in T&D business include the company’s largest order in Sweden secured through subsidiary, LMG. “The orders in T&D business have enhanced our order book, thereby improving the growth visibility for the T&D business going forward. Our buildings and factories (B&F) business has further strengthened its capabilities by securing an EPC order in the metal industry from a prestigious client in India. These orders reaffirm our confidence that the T&D and B&F business will continue to contribute significantly to our growth going forward,” said Manish Mohnot, managing director and CEO, KPIL.

KPIL is one of the largest specialized EPC companies engaged in Power transmission & distribution, buildings & factories, water supply & irrigation, railways, oil & gas pipelines, urban mobility (flyovers & metro rail), highways and airports. It is currently executing projects in over 30 countries and has a global footprint in over 70 countries.

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