Kalpataru Projects International Limited (KPIL), together with its joint venture entity, has announced the receipt of new orders and award notifications totaling approximately ₹719 crore.
The leading contract among the newly secured contracts is for an elevated metro rail project in Thane, Maharashtra. This initiative is part of the rapidly growing urban mass transit sector, which continues to attract significant investment from both central and state governments to alleviate traffic congestion and enhance urban mobility.
The elevated metro rail project is anticipated to include extensive civil construction works, including viaducts and related infrastructure. Such projects demand advanced technical expertise, strict adherence to timelines, and rigorous project management—areas in which Kalpataru Projects has consistently demonstrated excellence.
With this order, Kalpataru Projects further reinforces its already diversified portfolio, which spans power transmission and distribution, civil infrastructure, buildings, water, and transportation projects. Metro rail projects, in particular, provide long-term revenue visibility and align closely with the company’s strategy of targeting complex, high-value infrastructure opportunities.
The Thane metro project further strengthens KPIL’s portfolio in urban infrastructure, positioning the company to capitalise on on-going investments in metro rail networks across India’s major cities.
Manish Mohnot, MD & CEO of KPIL, said, “We are thrilled to secure this new order in our Urban Infrastructure business. The significant metro rail project in Thane further strengthens our position in the expanding urban transportation EPC sector and reinforces our confidence in the growth prospects of our Urban Infra business in India. With a strong order intake, a diversified order book, and robust execution capabilities, we are well-positioned to achieve our growth targets in the coming quarters.
