KEC International bags new orders of Rs. 1,294 crores in Indian and International market

November 17, 2022 Rail News

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,294 crores across its various businesses.

More details:

Transmission & Distribution (T&D):

  • The business has secured a large order for supply of towers in the Americas, secured by our Brazilian subsidiary, SAE Towers.

Railways:

Cables:

  • The business has secured orders for various types of cables in India and overseas.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the continuous order wins across businesses. The order in the Americas is one of our largest tower supply orders, which significantly enhances our international T&D order book. This order also reaffirms our confidence of a revival in the performance of our Brazilian subsidiary in the upcoming quarters. We are also enthused by the orders in Railway business, which has further strengthened its presence in the tech-enabled areas of Metro Rail. With these orders, our YTD order intake stands at ~Rs. 11,800 crores, a robust growth of ~20% vis-à-vis last year.”

About KEC International Limited:

  • KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major.
  • It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Smart Infrastructure, 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.

About RPG Enterprises:

  • RPG Enterprises, established in 1979, is one of India’s fastest growing business groups with a turnover of US$ 4 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.

Source: KEC- Press Release | Image Credit (representational): KEC International