KPIL awarded new orders of ₹ 2,263 crores

KPIL awarded new orders of ₹ 2,263 crores
KPIL awarded new orders of ₹ 2,263 crores

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.”

Also readOrganizations should be driven based on people and processes instead of emphasizing technology

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter 

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.