KEC International wins new orders worth Rs 1,323 crore
Global infrastructure major KEC International has secured new orders of Rs 1,323 crore across various businesses.
The flagship company of Rs 23,000 crore RPG Group said its power transmission and distribution business secured turnkey orders of Rs 287 crore across India, United Arab Emirates and the Americas.
The works include extension of a 765 kV GIS substation order from Power Grid Corporation, a 132 kV GIS substation order in UAE and various orders by SAE Towers in the Americas.
KEC’s railway business secured orders for composite and overhead electrification works totalling Rs 644 crore in India. The civil business secured fresh and change orders for civil and construction works aggregating to Rs 91 crore from leading automobile companies.
The smart infra business secured two orders worth Rs 233 crore and cable business got orders of Rs 68 crore for various cabling works.
“We are particularly enthused by the orders secured by our smart infra business in the core smart city segment. These wins give us confidence that smart infra business can become a significant part of KEC’s overall business portfolio going forward,” said company’s Managing Director and CEO Vimal Kejriwal.
KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has delivered infrastructure projects in 64 countries.