Kalpataru Projects International Secures Rs 2,333 Crore Orders
Kalpataru Projects International (KPIL) made headlines on Tuesday with the announcement of securing new orders worth Rs 2,333 crore. These orders encompass a variety of projects, including Transmission & Distribution (T&D) initiatives across both domestic and international markets, an Engineering Procurement Construction (EPC) contract for an industrial plant within the metal industry, and a substantial residential building project within India.
In a comprehensive statement, KPIL emphasized that these new orders, secured through its joint ventures (JVs) and international subsidiaries, represent a significant expansion of its current order book. This development underscores KPIL’s strategic diversification and robust market presence, particularly in critical sectors such as T&D and Building & Factories (B&F).
Managing Director and CEO of KPIL, Manish Mohnot, expressed strong confidence in the growth potential of the company, particularly highlighting the strategic importance of the T&D segment. He emphasized that these new projects not only bolster KPIL’s order pipeline but also provide a clear path for sustained growth in the coming years.
KPIL’s successful acquisition of these diverse projects underscores its expertise and capability in managing and executing large-scale infrastructure projects both domestically and globally. This achievement solidifies KPIL’s position as a leader in the infrastructure sector, poised to capitalize on emerging opportunities in the market.
The post Kalpataru Projects International Secures Rs 2,333 Crore Orders appeared first on SSMB.