T&D business are expected to be a significant growth driver for KPIL in the coming years.
India, Tuesday, December 5, 2023: Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders and notifications of awards of ₹ 2,263 crore.
The details of the aforesaid new orders are as follows:
- Orders in the T&D business of ₹ 1,564 crores in India and overseas markets
- Order in Water Business of ₹ 458 Crores
- Orders in B&F business of ₹ 241 crore
Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the new order wins, particularly in our T&D business. The T&D business continues to witness strong traction in terms of both order inflows and tender pipelines. We expect the T&D business to be a significant growth driver for KPIL in the coming years. Additionally, these T&D orders have strengthened our order book in India, Latin America, Africa, and Sweden.
We continue to focus on strategic orders wins within our B&F and Water businesses, with a focus on improving our market presence and delivering sustainable growth in these businesses. Our YTD FY24 order inflows stand at ~ ₹14,441 crore, providing improved visibility for future growth.”
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