KEC International has secured new orders worth Rs. 1,303 crore across its transmission and distribution, cables and conductors businesses, including high-voltage transmission projects in India and Saudi Arabia.
The contracts include a 400 kV transmission line in Northern India and 380 kV transmission lines in Saudi Arabia. The company will also supply towers, hardware and poles for projects in the Americas.
Its cables and conductors business has secured additional orders from customers in India and overseas.
The wins extend across domestic and international markets, combining transmission infrastructure projects with equipment and cable supply contracts. KEC, part of the RPG Group, has not disclosed individual contract values or project completion schedules.
Mr Vimal Kejriwal, MD & CEO, KEC International Ltd. commented:
We are delighted with the new order wins, amidst a challenging environment. Our India T&D business has secured a prestigious order from an existing private client for a transmission line project to evacuate power from a hydroelectric plant in Northern India. The International T&D business has further strengthened its presence in the Middle East with multiple order wins in Saudi Arabia. The outlook for our T&D business remains robust, driven by these orders, a strong L1 position, a large pipeline of opportunities and sustained demand across our key markets. With these orders, our YTD order intake stands at over Rs 7,600 crores. These orders will play a key role in driving our targeted growth going forward.
Original announcement: KEC
Image: Courtesy of KEC
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