Kalpataru Projects Bags Rs 2,273 Crore Orders
Nov 13, 2024 09:49
Kalpataru Projects International has secured new orders worth Rs 2,273 crore, primarily for Transmission & Distribution (T&D) projects in India and overseas markets. This brings the company's year-to-date order inflow to approximately Rs 14,100 crore.
Photograph: Parth Sanyal/Reuters
New Delhi, Nov 13 (PTI) Kalpataru Projects International on Wednesday said it has secured orders worth Rs 2,273 crore.
The new orders are for the Transmission & Distribution (T&D) business in India and overseas markets as well as residential building projects in the country.
Kalpataru Projects International Ltd (KPIL), along with its Joint Ventures (JVs) and international subsidiaries have secured new orders/notification of awards of Rs 2,273 crore, a company statement said.
Manish Mohnot, MD & CEO, KPIL, said, "Our order book continues to strengthen with significant traction in the T&D business, particularly in India. We are also happy with the new order wins in the B&F business... With these orders, our YTD order inflow stands at approx Rs 14,100 crore, more importantly; nearly 56 per cent of order intake till date is from our T&D business."
KPIL is one of the largest specialised Engineering, Procurement, and Construction (EPC) companies engaged in power transmission & distribution, buildings & factories, water supply & irrigation, Railways, oil & gas pipelines, urban mobility (flyovers & metro rail), highways, and airports.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
Google.org Grants $1 Million to Karya for AI...
Google.org awards USD 1 million to Karya, an Indian non-profit, to empower low-income...
Zomato CEO Congratulates Swiggy on IPO
Zomato CEO Deepinder Goyal congratulates rival Swiggy on its successful stock market...
Patel Engineering Q2 PAT Surges 95.05% to Rs...
Patel Engineering's consolidated net profit after tax (PAT) rose by 95.05% to Rs 73.44...
BiteSpeed Raises $3.5 Million for E-commerce AI
E-commerce AI startup BiteSpeed secures $3.5 million in funding led by Peak XV's Surge,...
Silver Prices Surge on Spot Demand - PTI
Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity...
LTIMindtree Expands US Presence with Houston...
LTIMindtree opens new facility in Houston, focusing on AI, digital transformation, and...
Swiggy CEO: Expecting Solid Growth in Next 3-5...
Swiggy CEO Sriharsha Majety expects strong growth in the next 3-5 years, driven by...
BlueGreen Ventures Launches USD 75 Million Fund...
BlueGreen Ventures, led by Rajeev Suri and Anup Jain, launches a USD 75 million fund...
IL''FS Resolution Deadline Extended to March 2025
NCLAT extends moratorium on IL''FS resolution, directs completion of remaining 58 firms...
Indian Patent Office Warns of IP Application Fraud
The Indian patent office warns of fraudsters soliciting money to facilitate IP...
Read More »