KEC International bags new orders worth Rs1,313 crore

16 Aug 2022 , 09:23 AM

KEC International Ltd., an RPG Group Company, has received new orders totaling Rs1,313 crore across its various businesses.

The company has secured new orders for T&D projects in India, the Middle East, and the Americas.

This includes a 400 kV Transmission line order in India, from Power Grid Corporation of India Limited (PGCIL). Another two orders are for the Supply of towers in the Middle East, secured by its subsidiary in UAE, and the Supply of towers, hardware, and poles in the Americas, secured by its subsidiary, SAE Towers.

Company’s Railway business has secured composite order for the construction of a third railway line and associated works in the Conventional segment in India. While its Civil segment has secured an order for executing infra works in the Metals & Mining segment in India.

Oil & Gas Pipelines business has secured an order for composite works for an oil terminal station in India.

Company’s cable business also has received orders for various types of cables in India and overseas.

KEC International was trading at Rs395.30 down by Rs0.45 or 0.11% from its previous closing of Rs395.75 on the BSE. The scrip opened at Rs395.75 and touched intraday high and low of Rs400.95 and Rs395.30 respectively.