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KEC Int Bags New Orders Worth Rs 1,422 Cr

Jul 24, 2024

By: BlinkX Research Team

KEC International, a global infrastructure EPC major, an RPG Group, announced on Wednesday, July 24, that it has secured new orders of Rs 1,422 crores for Transmission & Distribution (T&D) projects in India and USA.

Key Takeaways from KEC International Fresh Order Acquisition

• KEC International announced that it had won fresh orders totalling Rs 1,422 crores for Transmission & Distribution projects in the US and India.
• The company has won an order for transmission line projects in India from the Power Grid Corporation of India Limited and secured a contract for supplying substation structures in the USA.

KEC International has been awarded orders for high-capacity transmission lines, specifically 765 kV and 400 kV projects, in India by the Power Grid Corporation of India Limited. 

Additionally, the company has secured a contract for supplying substation structures in the United States of America.

“With these, our YTD order intake has surpassed Rs 7,500 crores, a remarkable growth of over 70% vis-à-vis last year. These orders along with the orders announced earlier during the year, will substantially contribute towards our targeted growth going forward,” Vimal Kejriwal, MD & CEO, KEC International said.

Kejriwal also added that the company is thrilled with its T&D business's ongoing success, which has been fuelled by many noteworthy order wins. Its significant orders from PGCIL have allowed it to expand its order book in India T&D. 

Additionally, its largest contract for the delivery of substation constructions in the United States is encouraging, said Kejriwal. 

About KEC International Limited

KEC International Limited is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of Power Transmission and Distribution, Civil, Railways, Urban Infrastructure, Renewables, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (including EPC, Supply of Towers and Cables). It is the RPG Group's flagship company.

About RPG Enterprises

RPG Enterprises, established in 1979, is one of India’s fastest-growing business groups with a turnover of US$ 4.8 Billion. The group's commercial interests are broad and include rising innovation-led technology companies as well as the infrastructure, tyres, pharmaceutical, IT, and speciality industries.

Read More About  K E C International Ltd Here!