"Kalpataru Projects International Ltd Secures Contracts Worth Rs. 2263 Crores"

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have successfully clinched new orders and notification of awards amounting to ₹2,263 Crores. The breakdown of the recently acquired orders includes ₹1,564 Crores in the Transmission and Distribution (T&D) business across India and overseas markets, ₹458 Crores in the Water business, and ₹241 Crores in the Buildings and Factories (B&F) business.

Expressing his satisfaction with the latest wins, Manish Mohnot, the Managing Director and CEO of KPIL, highlighted the notable success in the T&D sector. He emphasized the consistent momentum observed in both order inflows and the tender pipeline within the T&D business. Anticipating significant growth in the T&D segment in the upcoming years, Mohnot noted that the recent orders have fortified the company's order book not only in India but also in key international markets such as Latin America, Africa, and Sweden.

While underscoring the strategic importance of the new orders in the B&F and Water businesses, Mohnot reiterated the company's commitment to enhancing market presence and achieving sustainable growth in these sectors. The Year-to-Date (YTD) order inflows for the fiscal year 2023-24 have now reached approximately ₹14,441 Crores, providing an enhanced outlook for future growth prospects for KPIL. The company remains focused on securing strategic orders to further solidify its position in the market and continue delivering positive results across its diverse business portfolio.

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