KPIL AWARDED NEW ORDERS OF ₹ 2,995 CRORES

Bengaluru | Thursday, 11 July 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 ₹ 2,995 Crores.

The details of the aforesaid new orders are as follows:

· Orders in the Transmission & Distribution (T&D) business in overseas markets

· EPC Order in the Water business in JV

· B&F orders in India

Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the new order wins in our T&D, B&F and Water business. The continuous inflow of orders in the T&D business reaffirms our confidence that T&D EPC business will contribute significantly to KPIL’s growth. The orders in the B&F 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 ₹ 6,178 Crores. Our robust and well diversified order book gives us confidence to achieve the targeted growth going forward.”