Kalpataru Projects International bags order worth ₹2,995 crore

In a statement the company said the new order wins were in the transmission & distribution (T&D), building & factories (B&F) and water business categories.

Kalpataru Projects International Limited (KPIL) along with its joint ventures and international subsidiaries have secured new orders/notification of awards of ₹2,995 crore, the statement said.

KPIL has bagged orders in the T&D business in overseas markets. It has received an engineering procurement construction (EPC) order in the water business in a joint venture and has bagged a B&F order in the domestic market, the statement added.

"The orders in the building and factories 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 crore," Manish Mohnot, MD & CEO, KPIL, said.

KPIL is one of the largest specialised EPC companies engaged in power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility (flyovers and metro rail), highways and airports.

Kalpataru Projects International is currently executing projects in over 30 countries and has a global footprint in over 70 countries.

At 11:50 PM, shares of Kalpataru Projects International Limited were trading 1.63% higher at ₹1,367.40 apiece on the NSE.