"Kalpataru Projects Secures ₹2,774 Crore in New Contracts"

Kalpataru Projects International Limited (KPIL), a leading engineering and construction company, announced recently that it has secured new orders totaling ₹2,774 crore. These contracts include major international projects in the Transmission & Distribution (T&D) sector, a Design & Build project for a residential building in India, and an airport extension project from the Airports Authority of India (AAI).

Commenting on the development, Manish Mohnot, Managing Director & CEO of KPIL, stated, "These new orders in the T&D and Buildings & Factories sectors have strengthened our market position and boosted our order book, enhancing growth prospects. With these wins, our year-to-date (YTD) order intake has reached ₹9,800 crore, providing us with greater business visibility. We remain focused on sustainable growth and improving profitability."

KPIL, with operations in over 70 countries, is currently executing projects in more than 30 nations. The company specializes in Engineering, Procurement, and Construction (EPC) services across multiple sectors, including oil and gas pipelines, buildings, water supply, railways, highways, and power transmission and distribution.

ET