KEC International bags orders of Rs 1,025 crores

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KEC International bags orders of Rs 1,025 crores

KEC International bags orders of Rs 1,025 crores

Industry News
Jan 31,22

KEC International Ltd, a global infrastructure EPC major and an RPG Group Company, has secured new orders of Rs 1,025 crores across its various businesses.

KEC International bags orders of Rs 1,025 crores

KEC International Ltd, a global infrastructure EPC major and an RPG Group Company, has secured new orders of Rs 1,025 crores across its various businesses. The Transmission & Distribution (T&D) business has secured orders for T&D projects in India and Middle East. It won an order for 400 kV transmission line and 400/220 kV substation order in India, from a leading private developer under Tariff Based Competitive Bidding (TBCB) route. It also bagged an order for 380 kV transmission line from Saudi Electricity Company (SEC).

The Railways business has secured an order for 2 x 25 kV Overhead Electrification (OHE) and associated works for speed upgradation in India. KECÃ¢â‚¬â„¢s Civil business has secured an order for infra works in the Metals & Mining segment in India. The Oil & Gas Pipelines business has bagged an order for laying of a slurry pipeline and associated works in India. While the Smart Infra business has secured an order as Master System Integrator (MSI) for Smart City Components for three smart cities in India, its Cables business has secured orders for various types of cables in India and overseas.

Vimal Kejriwal, MD & CEO, KEC International Ltd, commented, Ã¢â‚¬Å“Our order book continues to grow on the backdrop of orders secured across all our business verticals. With these orders, our YTD order intake surpasses Rs. 13,000 crores, with a staggering growth of ~2 times vis-ÃƒÂ -vis last year. We are pleased with the orders in T&D, especially the TBCB order, which strengthens our order book in the domestic T&D market and diversifies our clientele. The Railway business further consolidates its presence in emerging/new areas, with the order in the Semi High-Speed Rail under Mission Ã¢â‚¬ËœRaftaar.Ã¢â‚¬â„¢ The large orders in Civil and Oil & Gas Pipelines reaffirm our confidence in the strong growth of these businesses going forward. We are also enthused by the prestigious order in Smart Infra to develop three smart cities in India.Ã¢â‚¬Â