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: December 9, 2024 Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW. Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates their dedication to matching growing power needs with renewable energy. The agreements cover…
Author: PPD Team Date: October 29, 2025 Vikran Engineering Ltd (VEL) has secured a Rs 3.54 billion turnkey EPC contract from Ellume Energy MH SolarOne for a 100 MW AC (120 MW DC) solar power project in Maharashtra. The contract covers complete design, engineering, procurement, construction, installation, testing, and commissioning on a lump-sum turnkey basis.  Chairman and Managing Director Rakesh Markhedkar said the order highlights VEL’s growing capacity to deliver large renewable projects and supports…
Author: PPD Team Date: December 10, 2025 THDC India Limited has begun commercial operation of the third unit of the Tehri Variable Speed Pumped Storage Plant. The 250 MW unit is part of the 1,000 MW project, which is now the largest variable speed pumped storage plant developed by a central public sector enterprise. The Commercial Operation Date was commenced virtually from New Delhi by Manohar Lal, Minister of Power. The Minister said the commissioning…
Author: PPD Team Date: February 5, 2025  Amazon and Iberdrola have added 476 MW to their global renewable energy partnership, expanding into five countries. The new agreements include Amazon’s first PPA in Portugal for 219 MW from the Tâmega Wind Complex, the largest wind farm in Portugal, and additional PPAs in Spain for 257 MW from solar and wind projects. These projects will generate 1,093 GWh of carbon-free electricity annually, enough to power 300,000…
Author: PPD Team Date: November 19, 2025 A consortium of TotalEnergies, Toyota Tsusho, and Altaaqa Renewable Energy has started commercial operations at its 112 MW solar photovoltaic plant in Wadi Ad Dawasir. The project was built by a subsidiary of Power China and marks TotalEnergies first operational renewable energy asset in Saudi Arabia. Electricity from the plant is supplied to the Saudi Power Procurement Company under a long term power purchase agreement. The project can…
Author: PPD Team Date: June 25, 2025 ACME Solar Holdings Private Limited has signed a 25-year power purchase agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project in Rajasthan. The agreement was signed on June 20, 2025. The agreement has been signed at a tariff of Rs 4.56 per kWh. The project is required to maintain a minimum annual capacity utilization factor (CUF) of 40 percent and meet…