Latest News | Kalpataru Projects International Bags Orders Worth Rs 1,011 Cr

New Delhi, Dec 31 (PTI) Kalpataru Projects International Ltd (KPIL) on Tuesday said the company, along with its international subsidiaries, have secured new orders worth Rs 1,011 crore.

According to a company statement, the new orders include projects in the transmission & distribution (T&D) segment in the overseas market.

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It also received orders in the Railway business and the Buildings & Factories (B&F) business in India.

Manish Mohnot, MD & CEO, KPIL, said, "We are pleased with the strong momentum in order inflows, which has significantly strengthened our order book, with YTD inflows now exceeding Rs 17,300 crore".

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Notably, 85 per cent of these orders came from our core T&D and B&F businesses, he noted.

The T&D business has grown steadily in the last three quarters, while the B&F segment has strengthened its leadership with new and repeat orders, he added.

KPIL is one of the largest specialised EPC companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports.

It is currently executing projects in over 30 countries and has a global footprint in 75 countries.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)