Kalpataru secures Rs 2,471 crore orders, FY26 total crosses Rs 22,000 crore
Author: PPD Team Date: March 18, 2026
Author: PPD Team Date: March 18, 2026
Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471 crore across power transmission and distribution in domestic and overseas markets, an underground metro rail project through a joint venture, and buildings and factories contracts in India. Client names and specific geographies were not disclosed.
With these additions, KPIL has secured approximately Rs 22,000 crore in orders so far in FY2026, ahead of its financial year-end. MD and CEO Manish Mohnot said a healthy pipeline and L1 positions give the company confidence to meet its full-year targets across T&D, urban infrastructure, and buildings businesses.
KPIL posted strong financial performance in the third quarter and nine month period of fiscal year 2026. In its financial results released on February 4, 2026, KPIL reported consolidated revenue of Rs 6,665 crore for Q3 FY26, marking a 16% year on year increase. Profit before tax (PBT) before exceptional items rose 37% year on year to Rs 277 crore. For the nine month period ended December 31, 2025, consolidated revenue grew 27% year on year to Rs 19,365 crore, while PBT increased 69% year on year to Rs 889 crore.
The featured photograph is for representation only.
Author: PPD Team Date: November 29, 2024 Sonnedix has inaugurated its 150 MW Betierra solar project in Castilla-La Mancha, marking the company’s achievement of over 1 GW of owned and operated renewable energy capacity in Spain. The project consists of three 50 MW solar plants with shared interconnection infrastructure. Operational since September 2024, Betierra generates 300,000 MWh of electricity annually, powering 71,000 households and reducing 107,000 metric tons of CO2 emissions. The energy is supplied…
Author: PPD Team Date: December 4, 2024 Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated Adani Hydro Energy Four Limited (AHE4L) for renewable energy projects. AHE4L’s mandate includes the generation, development, distribution, transmission, and sale of electrical energy derived from wind, solar, and other renewable sources. In the previous week, AGEL, through Adani Saur Urja (KA) Limited, established four subsidiaries: Adani Hydro Energy One Limited (AHE1L), Adani…
Author: PPD Team Date: November 14, 2025 India plans to launch a weather satellite and upgrade its forecasting systems as climate variability disrupts solar and wind output, reported the Mint. The Ministries of New and Renewable Energy and Earth Sciences are developing a joint prediction system to improve the modelling of weather patterns that affect renewable generation. Recent drops in wind speed and sudden weather changes have strained the grid and raised concerns about supply…
Author: PPD Team Date: December 20, 2024 Neoen has obtained AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets, effectively doubling its Australian renewable energy portfolio financing. Eleven major lenders participated, including ANZ, Bank of China, and the Clean Energy Finance Corporation. The portfolio includes three operating solar farms in New South Wales—Griffith Solar Farm, Parkes Solar Farm, and Dubbo Solar Hub—with a combined capacity of 130 MWp. It…
Author: PPD Team Date: February 24, 2025 The Ministry of Environment, Forest and Climate Change (MoEFCC) granted Terms of Reference (ToR) for the 3,000 MW Saidongar I (Closed loop) Pumped Storage Project and the 1,200 MW Saidongar II (Closed loop) Pumped Storage Project in Maharashtra on February 18, 2025. Torrent Power Limited (TPL) will implement the 3,000 MW Saidongar I project through Torrent Psh 3 Private Limited in Saidongar, Kusur, and Dhak villages, Mawal and…
Author: PPD Team Date: November 4, 2024 The Moroccan government, alongside Total Energies H2 and partners, has signed a Preliminary Contract for Land Reservation for the ‘Chbika’ project. Total Energies H2—a joint venture between TotalEnergies and EREN Group—and partners, including CIP’s Energy Transition Fund and A.P. Møller Capital’s Emerging Markets Infrastructure Fund, will now proceed with pre-FEED studies. The ‘Chbika’ project aims to develop 1 GW of onshore solar and wind capacity to produce green…