Kalpataru Power Arm Bags Orders Worth Over Rs 1,500 Crore Including Rs 1,012 Crore Integrated Airport Development Project In Asia

JMC Projects Limited, a subsidiary of Kalpataru Power Transmission Limited, has bagged orders worth Rs 1,524 crore for various projects.

The projects include an EPC (Engineering, Procurement and Construction) project for integrated airport development in Asia of Rs 1,012 crore, the company said in a regulatory filing on Thursday (11 August).

The company has also bagged water projects in India worth Rs 370 crore.

It also secured orders for building and facilities (B&F) projects in India worth Rs 142 crore.

Commenting on securing new orders, JMC Projects CEO and MD S K Tripathi said, "We are delighted with the new order wins, especially the prestigious order for Integrated Airport Development. We continue to strengthen and diversify our presence in the Urban Infrastructure business with addition of new verticals and markets".

"The new orders in the Water and B&F business help us to widen our clientele and further strengthens our order book. Our strong and diversified order book reaffirms our confidence to achieve targeted growth going forward," Tripathi added.