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MoneyWorks4Me

Kalpataru Projects International, Transrail Lighting and KS Smart Technologies to see some action today

21 Oct 2026 Evaluate

Kalpataru Projects International (KPIL) has secured new orders and notifications of awards for major EPC projects totalling around Rs 2,349 crore. New orders includes projects in the Power Transmission & Distribution (T&D) business in India and Projects in the Buildings and Factories (B&F) business in India.

Transrail Lighting has bagged new orders worth Rs 927 crore mainly in its Domestic Power T&D business. Post these fresh orders, the order intake for the year has increased to Rs 3,356 crore. The order wins mainly includes EPC projects in domestic market for 765kV & 400kV transmission lines. It also includes conductor supply orders to USA. With these new jobs, the winning streak has continued for Transrail with more than Rs 2,300 crore order declared in last 3 weeks.

KS Smart Technologies’ wholly owned subsidiary--KS Smart Solutions (KSSPL) has proposed to incorporate a subsidiary in the United States of America, subject to receipt of requisite approvals. Consequent to the above, the US Subsidiary will become a wholly owned step-down subsidiary of the Company. The incorporation of the proposed entity in the United States is aimed at supporting the company’s international expansion and strengthening its presence in global markets. The proposed entity will have business objects aligned with KSSPL’s business activities, enabling it to explore new business opportunities, expand its customer base, and enhance its ability to serve clients in international markets.

RailTel Corporation of India has received the Letter of Acceptance (LoA) from Haryana State Electronics Development Corporation for Rate Contract for SITC of Structured LAN at various Locations in the State of Haryana, Chandigarh, Delhi NCR on behalf of various State Govt. Departments. The estimated size of order as per LoA is Rs 47.40 crore (Including Tax).

Quality Power Electrical Equipments has commenced manufacturing operations at its new Global Coil Factory at Kupwad MIDC, Sangli, Maharashtra, with effect from October 20, 2026, coinciding with the auspicious occasion of Vijayadashami (Dussehra). The greenfield facility has been developed as a major manufacturing centre for high-voltage aircore dry-type reactors and specialised coil products, catering to HVAC, HVDC, FACTS, renewable energy integration and other critical power transmission applications.

GRP has successfully completed the installation of solar power plants at Ankleshwar and Panoli, Gujarat, and commenced commercial generation of solar power with effect from October 19, 2026. It enables the company to procure solar power at a preferential tariff for its manufacturing units based out in Gujarat, thereby reducing overall energy costs and utilising environment friendly renewable green and sustainable energy.

Venus Pipes & Tubes has commenced operations of a part of its dedicated pipe spooling manufacturing capacity, ahead of the earlier planned timeline of December 2026. The early commissioning marks an important milestone in the company’s expansion into value-added pipe spooling solutions. By commencing production ahead of schedule, company aims to establish manufacturing readiness in advance of anticipated customer order, enabling faster execution and dispatch once order is received.