KEC International : wins New Orders of Rs. 2,257 crores
March 14, 2024 at 01:22 am EDT
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KEC International wins New Orders of Rs. 2,257 crores
~Oil & Gas Pipelines business forays into international market
Mumbai, March 13, 2024: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 2,257 crores across its various businesses:
Transmission & Distribution (T&D):
The business has secured orders for T&D projects in India and Americas:
765 kV Transmission line and substation orders in India, from Power Grid Corporation of India Limited (PGCIL)
Supply of Supply of Towers, Hardware and Poles in Americas
Oil & Gas Pipelines:
The business has secured its first international order for a pipeline laying project.
Civil:
The business has secured an order in the metals & mining segment from a reputed steel player in India.
Cables:
The business has secured orders for supply of various types of cables in India and overseas.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented,"We are pleased with the new order wins, especially the large orders from PGCIL. These orders have considerably enhanced our India T&D order book. The Civil business continues to strengthen its presence in the metals and mining segment. Our Oil & Gas Pipeline business has successfully expanded its footprint internationally by securing its maiden international project in Africa. With these orders, our YTD order intake has surpassed Rs 16,000 crores. These orders will significantly contribute towards our targeted growth going forward"
About KEC International Limited (www.kecrpg.com):
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). It is the flagship Company of the RPG Group.
About RPG Enterprises (www.rpggroup.com):
RPG Enterprises, established in 1979, is one of India's fastest-growing business groups with a turnover of US$ 4.4 Billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation-led technology businesses.
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KEC International Limited published this content on
13 March 2024 and is solely responsible for the information contained therein. Distributed by
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KEC International Limited is an India-based global infrastructure engineering, procurement and construction (EPC) company. The Company a has presence in the verticals of power transmission and distribution, railways, civil, urban infrastructure, solar, oil and gas pipelines, and cables. Its power transmission and distribution vertical offer integrated solutions ranging from design, manufacturing, supply, installation, and commissioning of transmission lines, substations and underground cabling in both domestic and international markets. It has a diverse portfolio of projects in railways across overhead electrification (OHE), laying of new railway lines, doubling and tripling of tracks, tunnel ventilation, speed upgradation, and construction of railway stations, platforms and bridges, among others. The Company's civil vertical is focused on projects, in segments such as buildings and factories, public spaces, water pipelines and water treatment plants, logistics, and warehouses.