Kalpataru Projects Secures Rs 2,372 Crore Orders in Power and Building Sectors

Kalpataru Projects International Limited (KPIL), a leading engineering, procurement, and construction (EPC) company, announced on Thursday that it, along with its subsidiaries, has secured new orders worth Rs 2,372 crore in the Power Transmission & Distribution (T&D) and Buildings & Factories (B&F) sectors. The orders span both domestic and international markets, reinforcing KPIL’s strong market presence in India, the Nordics, and the Middle East.

Most of the contracts are in the T&D sector, with projects in India and overseas fueled by growing energy needs and the global push for better grid systems and renewable energy. The B&F division also scored big, winning key orders in India from well-known developers, thanks to KPIL’s reputation for delivering projects on time and with top-notch quality.

Manish Mohnot, KPIL’s Managing Director and CEO, sounded upbeat about the wins. “The orders won in the T&D business help us improve our market position in the fast-growing EPC markets of India, Nordics, and the Middle East. The repetitive orders in B&F demonstrate our strong capabilities and client trust,” he said. “The repeat orders in B&F show the trust our clients have in us.” Mohnot highlighted the company’s focus on quality and meeting deadlines as key to staying ahead.

These new orders boost KPIL’s already strong order book, which was reported at Rs 61,429 crore recently. The company expects its revenue to grow at a steady 16% annually through 2026. KPIL works on a wide range of projects, from power lines and buildings to water systems, railways, oil pipelines, urban transit, highways, and airports, with operations in over 30 countries.

The news sent KPIL’s stock up nearly 4% today. Analysts are optimistic, with Axis Securities giving a “buy” rating and a target price of Rs 1,350, pointing to the company’s solid order book and growth prospects.

With these latest wins, KPIL is cementing its spot as a leader in the construction and engineering world, ready to meet the rising demand for infrastructure globally.