KEC International : wins New Orders of Rs. 816 crores
April 04, 2024 at 04:45 am EDT
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KEC International wins New Orders of Rs. 816 crores
Mumbai, April 03, 2024: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 816 crores across its various businesses:
Civil:
The business has secured orders for infrastructure projects in India:
Metals & Mining: Setting up of a Steel plant in Northern India
Cement: Building a Cement plant in Central India
Carbon Black: Establishing a plant for Carbon derivates in Eastern India
Transmission & Distribution (T&D):
The business has secured orders for supply of towers in the United States of America.
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 prestigious orders in Civil business. Our Civil business has made remarkable strides by expanding its footprint in the industrial segment with multiple orders for establishing manufacturing facilities across India. The business has also widened its customer base with the addition of a highly reputed client. With these orders, our total order intake for FY24 stands at Rs. 18,102 crores. These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth trajectory in the future.""
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
03 April 2024 and is solely responsible for the information contained therein. Distributed by
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04 April 2024 08:45:01 UTC.
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.