New Delhi: Kalpataru Projects International Limited (KPIL) announced on Monday that it has bagged power transmission and distribution (T&D) business worth Rs 1,564 crore in India and overseas markets, KPIL said in an exchange filing. The company said that it bagged new orders worth Rs 2,263 crore in the domestic and overseas markets. Water and buildings and factories businesses have bagged orders worth Rs 458 crore and 241 crore, respectively.
KPIL and its international subsidiaries have secured new orders/notification of awards of Rs 2,263 crore, the filing said.
Manish Mohnot, MD & CEO, KPIL, said, "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 business with a focus to improve our market presence and deliver sustainable growth in these businesses." The company's current order inflows stand at Rs 14,441 crore, he said.
"The T&D business continues to witness strong traction in terms of both order inflows and tender pipeline. We expect the T&D business to be significant growth driver for KPIL in coming years," Mohnot said.
Kalpataru Projects International Limited is one of the largest specialised EPC (engineering, procurement and construction) companies engaged in power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility (flyovers and metro rail), highways and airports.
KPIL is currently executing projects in over 30 countries and has footprints in over 70 countries.