KPIL AWARDED NEW ORDERS OF ₹ 3244 CRORES

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Kalpataru Projects International Limited (KPIL)
Kalpataru Projects International Limited (KPIL)

MUMBAI: Kalpataru Projects International Limited (KPIL), one of the largest Engineering and construction companies listed in India, along with its Joint Ventures (JVs) and international subsidiaries have secured new orders/notification of awards of ₹ 3,244 Crores.

The details of the aforesaid new orders are as follows:

  • Orders in the Buildings & Factories (B&F) business including KPIL’s largest ever design & build contract for the construction of a large-size residential buildings project in South India with a build-up area of approx. 13 million square feet from a reputed developer
  • Order for design & construction of an underground metro rail project, signifying KPIL’s foray into the electric mobility business with TBM tunneling scope   
  • Orders in the Transmission & Distribution (T&D) business from overseas markets

Manish Mohnot, MD & CEO, KPIL, said, “We are delighted to announce strategic order wins across diverse businesses. Our foray into the underground metro rail tunneling project reaffirms our commitment to sustainable urban infrastructure development. Our largest ever order win in our B&F business, on a design & build basis, from a reputed developer for a large residential buildings project in South India further fortifies our position as a leading player in this space. The nature of these large order wins, involving engineering scope, reflects on our growing capabilities across a diversified portfolio of business. Our YTD FY24 order inflows now stand at approximately ₹17,685 crores, providing a robust foundation for sustained future growth.” 

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