KPIL secures new orders worth Rs 22.73 billion
15 Nov 2024
2 Min Read
CW Team
Kalpataru Projects International Limited (KPIL), along with its Joint Ventures (JVs) and international subsidiaries, secured new orders and notifications of awards amounting to Rs.2,273 Crores.
The details of these new orders include:
- Orders in the Transmission & Distribution (T&D) business in India and overseas markets.
- Residential building projects in India.
Manish Mohnot, the Managing Director & CEO of KPIL, expressed delight over the continuous inflow of orders, noting that their order book continues to grow, with significant traction in the T&D business, especially in India. He added that the company was also pleased with the new order wins in the Buildings & Factories (B&F) business, which strengthened their position in the residential building sector. He further mentioned that the year-to-date (YTD) order inflow stood at approximately Rs 141 billion, with nearly 56% of the order intake coming from the T&D business.
KPIL, one of the largest specialized EPC companies, is involved in various sectors including Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports. Currently, KPIL is executing projects in over 30 countries and has a presence in 74 countries globally. The company has maintained a leadership position in all its major businesses, supported by strong organizational capabilities, superior technical know-how, and adherence to top sustainability standards.
Kalpataru Projects International Limited (KPIL), along with its Joint Ventures (JVs) and international subsidiaries, secured new orders and notifications of awards amounting to Rs.2,273 Crores.
The details of these new orders include:
- Orders in the Transmission & Distribution (T&D) business in India and overseas markets.
- Residential building projects in India.
Manish Mohnot, the Managing Director & CEO of KPIL, expressed delight over the continuous inflow of orders, noting that their order book continues to grow, with significant traction in the T&D business, especially in India. He added that the company was also pleased with the new order wins in the Buildings & Factories (B&F) business, which strengthened their position in the residential building sector. He further mentioned that the year-to-date (YTD) order inflow stood at approximately Rs 141 billion, with nearly 56% of the order intake coming from the T&D business.
KPIL, one of the largest specialized EPC companies, is involved in various sectors including Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports. Currently, KPIL is executing projects in over 30 countries and has a presence in 74 countries globally. The company has maintained a leadership position in all its major businesses, supported by strong organizational capabilities, superior technical know-how, and adherence to top sustainability standards.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
