KEC International receives new orders worth Rs1,033cr on various biz

On Sensex, KEC International stock ended at Rs349.35 per piece up 1.56%.

Oct 01, 2020 05:10 IST India Infoline News Service

A global infrastructure EPC major, KEC International, on Thursday bagged new orders worth Rs1,033cr across a host of businesses.

Of the total, the company secured an order worth Rs890cr for T&D projects in India, Africa, East Asia Pacific and the Americas. While an order worth Rs79cr for Signaling and  Telecommunication  (S&T)  and  Metro Electrification works in India was also received.

Further, the company secured an order worth Rs64cr for various types of cables/cabling projects in India and overseas.

On the occasion, Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are happy with the new order wins amidst global upheavals. Our International order book has strengthened significantly in the last few months, especially in the Middle  East and  Africa regions.  In  line  with  our  strategy  to  diversify into new segments, we are pleased with the order win for metro electrification works, which  marks our entry into the technologically enabled areas of urban infra.”

On Sensex, KEC International stock ended at Rs349.35 per piece up 1.56%. 

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