KPIL AWARDED NEW ORDERS OF ₹ 2,445 CRORES

Bengaluru| Thursday, 14 March 2024: Kalpataru Projects International Limited (KPIL), one of the largest Engineering & Construction companies listed in India, along with its Joint Ventures (JVs) and international subsidiaries have secured new orders/notification of awards of ₹ 2,445 Crores.

The details of the aforesaid new orders are as follows:

· Orders in the Transmission & Distribution (T&D) business of ₹ 2,366 Crores in India and overseas markets

· Orders in the Buildings & Factories (B&F) business of ₹ 79 Crores

Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the new order wins particularly in our domestic T&D business. We continue to remain optimistic on the T&D opportunities in India given the huge thrust to boost the national transmission system, facilitating integration of renewable power. These orders will significantly strengthen our domestic T&D order book and provides good visibility for future growth.”