Moneycontrol PRO
HomeNewsBusinessKalpataru Projects International bags orders worth Rs 2,995 crore

Kalpataru Projects International bags orders worth Rs 2,995 crore

In a statement the company said the new order wins were in the transmission & distribution (T&D), building & factories (B&F) and water business categories.

July 11, 2024 / 10:20 IST
Kalpataru Projects International bags orders worth Rs 2,995 crore

Kalpataru Projects International bags orders worth Rs 2,995 crore

Kalpataru Projects International on Thursday said the company along with its joint ventures and international subsidiaries have bagged orders worth Rs 2,995 crore.

In a statement the company said the new order wins were in the transmission & distribution (T&D), building & factories (B&F) and water business categories.

Kalpataru Projects International Limited (KPIL) along with its joint ventures and international subsidiaries have secured new orders/notification of awards of Rs 2,995 crore, the statement said.

KPIL has bagged orders in the T&D business in overseas markets. It has received an engineering procurement construction (EPC) order in the water business in a joint venture and has bagged a B&F order in the domestic market, the statement added.

"The orders in the building and factories and water business have further strengthened our order book, thereby improving the growth visibility for these businesses. With the above order wins, our order intake till date in the current financial year stands at Rs 6,178 crore," Manish Mohnot, MD & CEO, KPIL, said.

KPIL is one of the largest specialized EPC companies engaged in power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility (flyovers and metro rail), highways and airports.

Kalpataru Projects International is currently executing projects in over 30 countries and has a global footprint in over 70 countries.

PTI
first published: Jul 11, 2024 10:20 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347