Newsletter
Kalpataru Projects International secured new orders worth ₹989 crore.
The deets: the company is one of the largest specialised EPC players, engaged in power transmission and distribution, buildings & factories, water supply, and irrigation.
The new orders are for power transmission and distribution projects in overseas markets. With this, the company’s total order intake for FY26 so far has reached ₹7,150 crore.
Zoom out: earlier, the company had secured ₹3,789 crore worth of orders in the Buildings & Factories segment in India. In May, it received additional power T&D orders worth ₹2,372 crore, both domestically and internationally.
Meanwhile, the real estate developer had also launched a ₹1,590 crore IPO, which saw decent investor interest. The issue was subscribed 2.26 times during its three-day bidding period.
