Latest news with #KalpataruProjectsInternationalLtd
Hindustan Times
05-07-2025
- Business
- Hindustan Times
Whiteland awards ₹2,000 crore Westin Residences contracts in Gurugram to Kalpataru Projects and Ahluwalia Contracts
NCR-based Whiteland Corporation has awarded construction contracts worth ₹2,000 crore to Kalpataru Projects International Ltd (KPIL) and Ahluwalia Contracts (India) Ltd (ACIL) for Phase 1 of Westin Residences in Sector 103, Dwarka Expressway, Gurugram. NCR-based Whiteland Corporation has awarded construction contracts worth ₹ 2,000 crore to Kalpataru Projects International Ltd (KPIL) and Ahluwalia Contracts (India) Ltd (ACIL) for Westin Residences in Gurugram. The total construction value of the project stands at ₹4,000 crore, the company said. Whiteland Corporation is a real estate developer in Delhi NCR and its portfolio includes developments covering approximately 4.5 million sq. ft of area under development, comprising 1300+ homes and commercial spaces that have already been delivered and are highly appreciated by the market. Spanning around 20 acres with 1,700 three and four bedroom homes, Westin Residences Gurugram, is a branded residential development that merges Marriott's global wellness philosophy with hospitality-inspired living, the company said. 'It was imperative for us to onboard construction firms with a proven legacy of timely delivery, robust safety protocols, and technical brilliance. Their scale, precision, and commitment to sustainability perfectly align with our vision of creating world-class spaces that elevate everyday living through thoughtful design and uncompromising execution,' said Navdeep Sardana, founder, Whiteland Corporation. Kalpataru Projects International Limited (KPIL), a part of the Kalpataru Group, is a diversified engineering and construction company. 'Having successfully executed over 300 projects across 75+ countries, our legacy is built on trust, uncompromising construction standards, and operational excellence. We look forward to our association with Marriot International and Whiteland Corporation on this project,' said Shailendra Kumar Tripathi, Deputy Managing Director, Kalpataru Projects International Ltd. 'Our collaboration with Whiteland Corporation to develop India's most iconic residential lifestyle development, Westin Residences Gurugram reflects a shared commitment to purposeful construction, benchmark-setting quality and timely execution,' said Shobhit Uppal, Deputy Managing Director, Ahluwalia Contracts (India) Ltd. 'By partnering with industry leaders like Ahluwalia Contracts and Kalpataru Projects, Whiteland has demonstrated a commitment to excellence, precision and scale. Together, they bring the capability to deliver a ₹4,000 crore vision in branded living—aligned with Marriott's global benchmarks of design, service and quality,' said John Herns, vice president, Global Residential Operations, Marriott International. Also Read: Trump's Big Beautiful Bill explained: What NRIs need to know about remittances, rentals, and property investments The designers for the project include Marriott International, architect Hafeez Contractor, Cooper Hills from Singapore, ASA Lighting Studio from Vietnam, Bobby Mukherjee from Milan and Mumbai, Vintech Consultants, and Planet F&B from London. The Westin Residences Gurugram are not owned, developed, promoted or sold by Marriott International, Inc. or its affiliates. Whiteland Corporation Private Limited uses the Westin trademarks and trade names under a license from Marriott, the company's statement added.
Business Upturn
01-07-2025
- Business
- Business Upturn
Kalpataru Projects shares jump 4% after winning Rs 989 crore orders
Shares of Kalpataru Projects International Ltd (KPIL) rose 4% in early morning trade on Tuesday after the company announced that it, along with its international subsidiaries, has secured new orders worth approximately ₹989 crore. As of 9:17 AM, the shares were trading 4.51% higher at Rs 1,282.60. According to the company's exchange filing, the orders are primarily in the Power Transmission and Distribution (T&D) segment and have been secured from overseas markets. The development is seen as a positive trigger by investors, given the strategic importance of global T&D projects in KPIL's growth strategy. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
09-06-2025
- Business
- Business Standard
Kalpataru Projects shares jump 7% on securing ₹3,789 crore worth new orders
Shares of Kalpataru Projects International Ltd. soared over 7 per cent in intraday trade on Monday, after the company and its subsidiaries landed fresh orders worth ₹3,789 crore. The company's stock rose as much as 7.32 per cent during the day to ₹1,234 per share, the biggest intraday gain since May 12 this year. The stock pared gains to trade 4 per cent higher at ₹1,195.3 apiece, compared to a 0.47 per cent advance in Nifty 50 as of 11:36 AM. Shares of the company have risen nearly 12 per cent from their recent lows of ₹1,074, which it hit last month. The counter has risen 7.3 per cent this year, compared to a 6.25 per cent advance in the benchmark Nifty 50. Kalpataru Projects has a total market capitalisation of ₹20,548.21 crore. Track LIVE Stock Market Updates Here Kalpataru Projects lands ₹3,789 crore fresh orders Kalpataru Projects, along with its international subsidiaries, has secured new orders worth approximately ₹3,789 crore, according to an exchange filing on Monday. The orders include major contracts in the Buildings and Factories (B&F) segment in India, featuring the company's largest-ever B&F order for the development of over 12 million square feet of residential buildings and associated facilities on a design-build basis. Additionally, KPIL has won power transmission and distribution (T&D) orders in overseas markets. "We feel privileged to announce the receipt of the orders, especially the largest ever B&F order received by us on design and build basis, which is a testament to our strong EPC capabilities in the B&F business," Manish Mohnot, managing director and chief executive officer. "This prestigious achievement also has been on several counts – intensive efforts that we have been putting in past several years on improving our ability to win large-sized projects, and improving competitiveness in the focused markets on the back of capex and execution capabilities. We look forward to many such opportunities in future.' About Kalpataru Projects Kalpataru Projects is a leading Engineering, Procurement, and Construction (EPC) company, specialising in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (including Flyovers & Metro Rail), Highways, and Airports. With ongoing projects in over 30 countries and a presence in 75 countries worldwide, KPIL has established a strong global footprint.
Time of India
09-06-2025
- Business
- Time of India
KPIL bags new orders worth Rs 3,789 crore
Kalpataru Projects International Ltd ( KPIL ) on Monday said the company, along with its international subsidiaries, have secured new orders worth Rs 3,789 crore. These new orders include contracts in the Buildings and Factories (B&F) business in India, which includes the company's largest B&F order secured till date for the development of over 12 million square feet of residential buildings along with associated facilities on a design-and-build basis, a company statement said. It has also secured orders in the Power Transmission & Distribution (T&D) in the overseas market. "This prestigious achievement also has been on several counts - intensive efforts that we have been putting in past several years on improving our ability to win large size projects, and improving competitiveness in the focused markets on the back of capex and execution capabilities," said KPIL MD & CEO Manish Mohnot. KPIL is one of the largest specialised Engineering, Procurement, and Construction companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. Live Events KPIL is currently executing projects in over 30 countries and has a global footprint in 75 countries.
Time of India
15-05-2025
- Business
- Time of India
Kalpataru Projects secures new orders worth Rs 2,372-cr in power and building segments
Kalpataru Projects International on Thursday said it, along with its arms, has secured new orders worth Rs 2,372 crore. The new orders are in the Power Transmission & Distribution (T&D) segment across India and overseas markets, the company said in a statement. It added that additional orders have been secured in the Buildings and Factories (B&F) business in India. Kalpataru Projects International Ltd (KPIL) MD & CEO Manish Mohnot said, "The orders won in the T&D business help us to improve our market position in the fast-growing EPC markets of India, Nordics and the Middle East. Further, the orders in the B&F business are repetitive orders from large, reputed developers, awarded to KPIL on the back of its strong track record for timely delivery and quality." Also Read: Kalpataru Projects bags orders worth Rs 2,366 cr KPIL is one of the largest specialised Engineering, Procurement, and Construction (EPC) companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways , Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. Live Events KPIL is currently executing projects in over 30 countries and has a global footprint in 75 countries. Economic Times WhatsApp channel )
