KPIL Bags Rs 719 Crore Order for Elevated Metro Rail Project in Thane

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Mumbai, January 1, 2026: Kalpataru Projects International Limited (KPIL) has secured new orders and notifications of award aggregating to approximately Rs 719 crore, further strengthening its order book at the start of calendar year 2026.

Order Details and Business Impact​

The fresh order win includes an elevated metro rail project in Thane, Maharashtra. The project has been awarded in the normal course of business and will be executed under KPIL’s urban infrastructure vertical. With this addition, the company continues to deepen its footprint in India’s fast-expanding urban mobility segment, which includes metro rail and related infrastructure projects.

Management Commentary​

Commenting on the development, Manish Mohnot, Managing Director and Chief Executive Officer of KPIL, said the new order win in the urban infrastructure business reinforces the company’s confidence in the growth potential of urban transportation projects in India. He added that KPIL’s strong order intake, diversified order book and robust execution capabilities position the company well to deliver on its growth objectives in the coming quarters.

About the Company​

Kalpataru Projects International Limited is one of India’s largest specialised EPC companies, with operations spanning power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility, highways and airports. The company executes projects across more than 30 countries and has established a global footprint across 75 countries, supported by strong technical capabilities and a consistent focus on operational excellence.
 

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