KEC International receives new orders worth Rs1,514cr for various businesses; Stock jumps 2%

The company's civil business has secured orders of Rs. 1,035 crores for the construction of an elevated viaduct along with stations for a metro project and mechanical & civil works in two cement plants.

May 14, 2021 11:05 IST India Infoline News Service

KEC International
KEC International, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,514 crores across its various businesses,

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with the new order wins amidst challenging times. The Metro order widens our presence in the Urban Infra sector. With this order, we are currently executing six Metro/ Regional Rapid Transit System (RRTS) projects. The tower supply orders in Americas, secured by our subsidiary SAE Towers, further strengthen our order book in that region.”

Key highlights of the order are:

Transmission & Distribution (T&D): The business has secured orders of Rs. 326 crores for T&D projects in India and the Americas.

Civil: The business has secured orders of Rs. 1,035 crores for the construction of an elevated viaduct along with stations for a metro project and mechanical & civil works in two cement plants.

Cables: The business has secured orders of Rs. 153 crores for various types of cables in India and overseas.

At around 11.45 am, KEC International was trading at Rs390.95 per piece higher by Rs9.15 or 2.4% on Sensex.

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