KEC International : wins New Orders of Rs. 1,004 crores
March 22, 2024 at 05:42 am EDT
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KEC International wins New Orders of Rs. 1,004 crores
~Cable business secured its first order for supply of Transmission Conductors for EHV networks
Mumbai, March 22, 2024: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,004 crores across its various businesses:
Transmission & Distribution (T&D):
The business has secured orders for T&D projects in India and Americas:
Composite order for construction of transmission lines, substations and underground cabling in India
Supply of towers, hardware and poles in Americas
Civil:
The business has secured an order for a residential project from a renowned real estate developer in India.
Railways:
The business has secured an order for 2 x 25 kV Overhead Electrification (OHE) and associated works for speed upgradation in India.
Cables:
The business has secured orders for supply of conductors and cables in India:
Maiden order for supply of power transmission conductors (ACSR and AL-59) from a reputed government utility
Supply of various types of cables
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented,"We are happy with the new order wins across our business verticals, especially the breakthrough order for supply of power transmission conductors. This accomplishment aligns with our strategy of backward integration and capitalizing opportunities within the continuously growing demand for power transmission conductors globally. The consistent inflow of orders in T&D has significantly bolstered our order book, particularly within India. Our Civil business has further widened its presence in the residential segment with the addition of an esteemed client. We are also enthused with the Railway order in the Semi High-Speed Rail under Mission 'Raftaar.' With these orders, our YTD order intake stands at ~Rs 17,500 crores."
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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22 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.