Kalpataru & subsidiaries bags new orders worth Rs 2,290 cr
POWER & RENEWABLE ENERGY

Kalpataru & subsidiaries bags new orders worth Rs 2,290 cr

Kalpataru Power Transmission Limited (KPTL) and its arms have secured new orders worth Rs 2,290 crore.

KPTL is a leading global engineering, procurement and construction (EPC) player in the power and infrastructure contracting industry.

The company told the media that its subsidiaries had secured new orders worth Rs 2,290 crore at a consolidated level.

It includes orders from international markets in the power transmission sector of Rs 1,416 crore. It also secured orders for the construction of an elevated viaduct and five elevated railway stations of the Kanpur Metro Rail Project, civil works for a data centre and buildings and factories (B&F) projects in India amounting to Rs 874 crore.

CEO and Managing Director of KPTL, Manish Mohnot, said that the company won new order contracts in our transmission and distribution (T&D), urban infrastructure and B&F business. The new orders will help diversify its global reach and improve its order mix across business verticals.

He said that it would overall improve the market position of the company in the global EPC space and strengthen its capabilities in civil, electrical and heavy infrastructure businesses.

He added that the new order of Rs 6,109 crore and L1 position of over Rs 4,600 crore in the current quarter provides good visibility to achieve the targeted consolidated revenue growth of over 15% for FY23.

Image Source

Also read: Kalpataru Power wins multiple orders

Kalpataru Power Transmission Limited (KPTL) and its arms have secured new orders worth Rs 2,290 crore. KPTL is a leading global engineering, procurement and construction (EPC) player in the power and infrastructure contracting industry. The company told the media that its subsidiaries had secured new orders worth Rs 2,290 crore at a consolidated level. It includes orders from international markets in the power transmission sector of Rs 1,416 crore. It also secured orders for the construction of an elevated viaduct and five elevated railway stations of the Kanpur Metro Rail Project, civil works for a data centre and buildings and factories (B&F) projects in India amounting to Rs 874 crore. CEO and Managing Director of KPTL, Manish Mohnot, said that the company won new order contracts in our transmission and distribution (T&D), urban infrastructure and B&F business. The new orders will help diversify its global reach and improve its order mix across business verticals. He said that it would overall improve the market position of the company in the global EPC space and strengthen its capabilities in civil, electrical and heavy infrastructure businesses. He added that the new order of Rs 6,109 crore and L1 position of over Rs 4,600 crore in the current quarter provides good visibility to achieve the targeted consolidated revenue growth of over 15% for FY23. Image Source Also read: Kalpataru Power wins multiple orders

Next Story
Real Estate

Sources Unlimited Launches Aurora Collection Inspired by Twilight

Sources Unlimited unveils the Aurora Collection, a luxury lighting series inspired by the soft glow before dawn. Featuring spherical forms and metallic accents, the collection plays with reflections and shadows, enhancing interiors with layered illumination. Designed for floors, tables, ceilings, and walls, Aurora seamlessly integrates into diverse spaces, from homes to hospitality settings. Now available at Sources Unlimited, the collection redefines lighting as an artistic medium, transforming spaces with warmth, nostalgia, and timeless beauty...

Next Story
Real Estate

Build Capital Exits Second SRA Project Investment Near BKC

Build Capital has successfully exited its investment in an SRA project near Bandra-Kurla Complex, marking another milestone in its structured real estate financing strategy. The early-stage investment helped the developer complete rehab work and align the project with DCPR 2034, enhancing total economics. With a 2.25 lakh sq. ft. development potential and projected revenue of over Rs 7.25 billion, the project generated a 19.76 per cent IRR with 100 per cent on-time interest payments. Commenting on the milestone, Kuldeep Jain, CEO of Build Capital, stated: “Our strategic funding and acti..

Next Story
Real Estate

Küche7 Unveils Affogato: A Fusion of Luxury and Function

Küche7, India’s luxury stainless steel kitchen specialist, has launched Affogato, a sculptural kitchen design that merges aesthetics with functionality. Featuring deep brown panels with a brownstone texture, a curved marble-topped island, and a seamlessly integrated gas cooktop, Affogato redefines culinary spaces. Thoughtfully designed storage ensures a clutter-free experience, while soft grey flooring and an inlaid ceiling complete its refined appeal. More than a kitchen, Affogato embodies slow li..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?