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KEC bags new orders worth Rs 1,422 crore
KEC International, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs 1,422 crore for transmission and distribution (T&D) projects in India and Americas: 765 kV and 400 kV Transmission line orders in India, from Power Grid Corporation of India Limited (PGCIL), and supply of substation structures in the USA.
Vimal Kejriwal, MD & CEO, KEC International, commented, “We are delighted with the continued success in our T&D business, driven by a series of significant order wins. Our order book in India T&D continues to grow on the back of the prestigious orders secured from PGCIL. We are also encouraged by our largest order for supply of substation structures in the USA. With these, our YTD order intake has surpassed Rs 7,500 crores, a remarkable growth of over 70% vis-à -vis last year. These orders along with the orders announced earlier during the year, will substantially contribute towards our targeted growth going forward.â€
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Civil, Railways, Urban Infrastructure, Renewables, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). It is the flagship Company of the RPG Group.
RPG Enterprises, established in 1979, is one of India’s fastest-growing business groups with a turnover of US$ 4.8 Billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation-led technology businesses.