KEC International bags orders worth Rs 1,108 cr

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KEC International bags orders worth Rs 1,108 cr

KEC International bags orders worth Rs 1,108 cr

Industry News
Sep 14,22

The company's railways business has secured its maiden order in the Train Collision Avoidance System (TCAS) segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology.

KEC International bags orders worth Rs 1,108 cr

Mumbai

KEC International Ltd - a global infrastructure EPC major and an RPG Group Company - has secured new orders of Rs 1,108 crores across its various businesses.

KEC's Transmission & Distribution (T&D) business has secured orders for T&D and cabling projects in India, Middle East and Africa; 400 kV transmission line order in India from Power Grid Corporation of India Limited (PGCIL); 132 kV Underground cabling order in India from a state utility; 220 kV Transmission line and tower supply orders in Middle East (secured by KEC's UAE subsidiary); and 330 kV transmission line order in Africa.

The company's railways business has secured orders in the technologically enabled and conventional/emerging segments in India. It has won orders for Overhead Electrification (OHE), Auxiliary power supply, SCADA system and associated works for Metro; Signaling & Telecommunication works of Train Collision Avoidance System (TCAS) under ‘Kavach’ in consortium; and doubling of tracks and associated civil works.

KEC's Oil & Gas Pipelines business has secured an order for laying of cross-country pipeline and associated works in India.

Vimal Kejriwal, MD & CEO, KEC International Ltd, commented,"We are delighted with the new order wins, especially in Railways, which is witnessing a gradual uptick through orders in both conventional and new segments. The business has secured its maiden order in the prestigious TCAS segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology. The orders in T&D have expanded our order book, especially the third order from PGCIL in quick succession. These orders, along with the orders announced earlier during the year, will significantly contribute towards our growth in the Domestic T&D market. The order in the Oil and Gas Pipelines further enhances the business’ order book.”