KEC, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs.945 crores across its various businesses:
- Transmission & Distribution (T&D): The business has secured orders for T&D and Cabling projects in India, SAARC, Middle East, and Americas:
- 765kV GIS Substation order in India, from Power Grid Corporation of India Limited (PGCIL), under Tariff Based Competitive Bidding (TBCB) route.
- 400kV Transmission line order in SAARC.
- 400kV Tower supplies order, secured by our Middle East subsidiary.
- 100 kV Underground cabling project in India.
- Supply of Tower sand poles in Americas, secured by our subsidiary, SAE Towers.
- Railways: The business has secured an order for setting up of power supply system, including receiving substation, high voltage cabling and associated civil works, from Delhi Metro Rail Corporation (DMRC).
- 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 delighted with our new order wins, especially the prestigious substation order in the Green Energy Corridor from PGCIL. We are witnessing a gradual revival in the Domestic T&D market, which had been sluggish for past few quarters. Our Railway business continues to strengthen its presence in the technologically enabled areas of metros. With these orders, our total order inflow for FY22 stands at an all-time high of Rs.17,202 crores, a robust growth of ~45% vis-à-vis last year.These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward.”
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 105+ 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 International- Press Release | Image Credit (representational): KEC International
