"Kalpataru Projects International Subsidiaries Secure Orders Worth Rs. 2,071 Crore"

Kalpataru Projects International and its subsidiary arms have successfully secured orders totaling Rs 2,071 crore, as announced in a statement on Thursday. These new orders encompass projects in the Transmission & Distribution (T&D) sector across international markets, underscoring the company's global reach and expertise.

Additionally, the company has also received an order for the design and construction of an underground metro rail project in India, further diversifying its portfolio of projects.

Manish Mohnot, MD & CEO of Kalpataru Projects International Limited (KPIL), expressed his satisfaction with the recent developments. He emphasized that the T&D orders secured in Brazil and the underground metro rail-tunnelling project in India significantly bolster the growth prospects for the company's Fasttel and Urban Infra business segments.

Furthermore, Mohnot highlighted KPIL's impressive order intake in the current financial year, which stands at a record high of Rs 30,000 crore. This achievement includes several large and strategic wins across various sectors, including T&D, Buildings & Factories, Oil & Gas, and Urban Infra.

Mohnot attributed this landmark achievement to the company's concerted efforts in expanding its geographical presence in high-growth EPC markets, nurturing strong client relationships, and leveraging its technical and execution capabilities.

Looking ahead, Mohnot expressed confidence in KPIL's ability to sustain growth momentum, backed by a robust order book position and established execution capabilities.

KPIL is recognized as one of the largest specialized EPC (Engineering Procurement Construction) companies, engaged in a wide range of sectors including power transmission & distribution, buildings & factories, water supply & irrigation, railways, oil & gas pipelines, urban mobility (flyovers & metro rail), highways, and airports. With ongoing projects in over 30 countries and a global footprint in over 70 countries, KPIL continues to solidify its position as a leading player in the EPC industry.

ET