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KEC International secures $138M NEOM Transmission Project in Saudi Arabia
Industry News- Oct 04,23
Vimal Kejriwal, the Managing Director and CEO of KEC International, announced this significant deal, highlighting the company's strong global presence in the power transmission and distribution sector.
India's KEC International, a leading player in power construction, has secured a substantial $138 million contract for the development, supply, and installation of a 380 kV overhead transmission line within Saudi Arabia's ambitious NEOM mega-project.
Vimal Kejriwal, the Managing Director and CEO of KEC International, announced this significant deal, highlighting the company's strong global presence in the power transmission and distribution sector. Furthermore, the year-to-date order intake has exceeded Rs 75 billion, marking an impressive 30% growth compared to the previous year.
As a flagship entity of India's RPG Group, KEC International has played a pivotal role in powering various global mega-projects, significantly contributing to the transformation of the region's energy infrastructure.
This strategic project holds immense importance for both NEOM and Saudi Arabia, serving as a cornerstone in shaping the essential power infrastructure for NEOM's development, a visionary city within Saudi Arabia.
Source: solarquarter.com
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