Kalpataru bags power T&D orders worth Rs 1,016 crore Energy Watch
Power

Kalpataru bags power T&D orders worth Rs 1,016 crore

Kalpataru Projects International and its arms have bagged orders worth Rs 1,016 crore

PTI

New Delhi: Kalpataru Projects International and its arms have bagged orders worth Rs 1,016 crore. Kalpataru Projects International Limited (KPIL) & its international subsidiaries have secured new orders/notification of awards of Rs 1,016 crore, according to a company statement.

Kalpataru has received orders in power T&D segment

The company received orders in the power T&D (Transmission and Distribution) business of Rs 552 crore in India and overseas markets. It also won orders worth Rs 464 crore in the B&F (Building & Factory) business in India.

"With the above orders, our YTD (Year to Date) FY24 order inflows stand at around Rs 8,400 crore and additionally, we have a strong L1 position, which gives us confidence to deliver on growth targets going forward," Manish Mohnot, Managing Director and Chief Executive Officer of KPIL, said in the statement.

US opens national security probe into wind turbine imports; move may impact India

Govt to bring in big reforms in coal sector in time to come: Reddy

For India’s energy security, at least 50% of oil & gas must be produced domestically: Vedanta Chairman

Making nuclear power eligible for climate finance will be a big boost: Dr Singh

India eyes 10 pc of global green hydrogen exports by 2030: Naik