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Kalpataru Projects International Limited (KPIL) revealed acquisition of fresh orders valued at Rs 2,263 crore across both the domestic and international markets. The company, as detailed in an exchange filing, disclosed that its transmission and distribution (T&D) division clinched orders amounting to Rs 1,564 crore, covering both Indian and overseas territories.
Apart from this, KPIL confirmed that its water division and buildings and factories sector successfully secured orders valued at Rs 458 crore and Rs 241 crore, respectively.
MD & CEO of KPIL, Manish Mohnot, expressed his satisfaction, emphasizing the strengthening effect these T&D orders will have on their standing in various regions including India, Latin America, Africa, and Sweden. Mohnot stressed the objective to enhance market presence and ensure sustainable growth in these specific businesses.
Highlighting the current standing of the company's order inflows at Rs 14,441 crore, Mohnot expressed confidence in the T&D business as a pivotal growth driver for KPIL in the foreseeable future. He reiterated the company's concentrated efforts to strategically secure orders within the buildings and factories and water sectors.
Kalpataru Projects International Limited stands as a prominent specialized EPC (engineering, procurement, and construction) company. It operates across various sectors including 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. Presently, KPIL is actively involved in executing projects across more than 30 countries, with a footprint established in over 70 nations.
In conclusion, the Rs 2,263-crore order acquisition by KPIL signifies not only a momentous achievement but also the success of a strategic move affirming its foothold in multiple sectors across diverse geographical regions.
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