KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,681 crore across its various businesses:
Transmission & Distribution:
The business has secured orders of Rs. 1,287 crore for T&D projects from Power Grid Corporation of India Ltd. (PGCIL) and other customers in India, SAARC and the Americas.
The business has secured an order of Rs. 254 crore for infra works in the Water Pipeline segment in India.
The business has secured an order of Rs. 63 crore as a Master System Integrator for Smart City ICT Components for a greenfield smart city in India.
The business has secured orders of Rs. 77 crore for various types of cables in India and overseas.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with our new order wins, especially the prestigious fast track orders in the Green Energy Corridor from PGCIL. These orders secured under the Tariff Based Competitive Bidding (TBCB) route will contribute significantly towards the growth in the Domestic T&D market which had been sluggish for the past few quarters. We are also pleased with the second-order secured in the water pipelines segment, which further strengthens the portfolio diversification in our Civil business. The above orders will play a significant role in maintaining our revenue growth in the coming quarters.”
Image source: Courtesy of KEC
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