Kalpataru Projects secures major orders worth over 2300 crore

A leading company, along with its joint ventures and international subsidiaries, has secured significant orders across various sectors. The work includes transmission and distribution projects in India and overseas, EPC orders for an industrial plant in the metal industry, and a residential building project in India.

Manish Mohnot, the company’s MD and CEO, stated that these orders have strengthened their order book, enhancing growth prospects in the transmission and distribution business. He also highlighted that the EPC order in the metal industry has bolstered their capabilities in the buildings and factories (B&F) sector. “These orders reaffirm our confidence that the T&D and B&F business will continue to contribute significantly to our growth going forward,” he said.

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In March, the company announced it had received orders worth ₹2,071 crore through its joint ventures and international subsidiaries. These orders include transmission and distribution projects abroad and the design and construction of an underground metro rail project in India, as stated in a stock exchange filing.

As of 11:21 am, the company’s shares were trading at ₹1,172.00.