KPIL wins new projects worth INR 2,995 crore

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Kalpataru Projects International Ltd (KPIL) announced today it has secured new orders worth INR 2,995 crore ($358.63 million). It has won transmission and distribution (T&D) projects in overseas markets, in addition to an EPC order in the water business and building and factory orders in India.

With these order wins, KPIL’s order intake till date in the current financial year stands at INR 6,178 crore.

Manish Mohnot, managing director and CEO, KPIL, said, “The continuous inflow of orders in the T&D business reaffirms our confidence that T&D EPC business will contribute significantly to KPIL’s growth. The orders in the B&F and Water business have further strengthened our order book, thereby improving the growth visibility for these businesses…. Our robust and well diversified order book gives us confidence to achieve the targeted growth going forward”

KPIL is one of the largest specialized EPC companies engaged in power transmission & distribution, buildings & factories, water supply & irrigation, railways, oil and 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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