Kalpataru Projects International wins new orders worth over Rs.2,300 crore
- June 25, 2024
Kalpataru Power International Ltd (KPIL) has won new orders worth over Rs.2,300 crore, the company said in a stock exchange communication.
The new orders, aggregating Rs.2,333 crore, pertain to KPIL along with its joint ventures and overseas subsidiaries.
Relating to the company’s power T&D and other businesses, the new orders also entail KPIL’s largest order in Sweden, won by its subsidiary LMG.
The orders include:
- Orders in the transmission & distribution (T&D) business in India and overseas markets
- EPC Order for an industrial plant in the metal industry
- Residential building order in India
Growth visibility of power T&D
Manish Mohnot, MD & CEO, KPIL, said, “We are happy with the new order wins in our T&D business, including our largest order in Sweden secured through subsidiary, LMG. The orders in T&D business have enhanced our order book, thereby improving the growth visibility for the T&D business going forward. Our B&F business has further strengthen its capabilities by securing an EPC order in the metal industry from a prestigious client in India. These orders reaffirm our confidence that the T&D and B&F business will continue to contribute significantly to our growth going forward.”
Also read: Kalpataru Projects Records New All-Time High Order Book
Featured photograph is for representation only.
