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Kalpataru Projects International inks contracts worth Rs 7550 crore

21 May 2024 Evaluate

Kalpataru Projects International has successfully signed three contracts for the three packages of the third expansion phase of the Master Gas System Network (MGS?3) in Saudi Arabia with ARAMCO for a contract value of around SAR 3.4 billion (presently equivalent to around Rs 7550 crore).

Earlier, the company had received Letter of Intent (LoI) from Saudi Arabia’s energy major, Aramco, for carrying out EPC work for three packages of the third expansion phase of the Master Gas System Network (MGS?3) in Saudi Arabia. 

Kalpataru Projects International is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.


Peers
Company Name CMP
Larsen & Toubro 3849.00
Kalpataru Projects 1393.60
NCC 139.40
Rail Vikas Nigam 203.10
KEC International 410.15
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