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Kalpataru Projects International Limited (KPIL) secures new orders worth ₹2,217 Crores

Oct 16, 2023

By: BlinkX Research Team

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have clinched new orders and received notifications of awards amounting to ₹2,217 Crores. The breakdown of these orders is as follows:

- Transmission and Distribution (T&D) business: ₹1,993 Crores in India and international markets.

- Buildings and Factories (B&F) business: ₹224 Crores in India.

Manish Mohnot, MD & CEO of KPIL, expressed his delight at the significant order acquisitions, bringing the total order inflow for the current financial year to ₹10,616 Crores. The flagship T&D business alone has garnered around ₹5,400 Crores in order inflows, providing a solid foundation for future growth. Additionally, they hold an L1 position of approximately ₹4,000 Crores, spanning across T&D, B&F, and Water business. This robust order book and diversified business portfolio reaffirms KPIL's confidence in achieving their targeted vision for 2025.