Kalpataru Projects, an Engineering and construction company that undertakes top residential & commercial projects announced that it secured fresh orders worth Rs. 2,445 crore along with its joint ventures & international subsidiaries.
By these acquisition of fresh orders, the transmission and distribution business of Kalpataru Projects has gained total orders valued at Rs.2, 366 crore across India & international markets, meanwhile the business of factories & buildings alone secured orders worth Rs. 79 crore.
To denote, previously in this month, the company time-honored with the letter of objective from Saudi Aramco to perform & conduct EPC work for three packages of the third expansion phase for the MGS-3(master gas system) network system in Saudi Arabia.
Speaking to this, Manish Mohnot, MD & CEO, Kalpataru Projects said, "We continue to remain optimistic on the transmission and distribution opportunities in India, given the huge thrust to boost the national transmission system, facilitating integration of renewable power.
These orders will significantly strengthen our domestic transmission and distribution order book and provide good visibility for future growth”.
The future outlook of these orders lay over 800 kilometers of lateral gas pipeline, the firm said that adding up the value of the contact would be estimated & publicized after the project execution.
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