KEC International wins multiple new orders aggregating Rs1,503cr

The business has secured orders of Rs176 crore for infra works in the Metals & Mining, Data Centre and FMCG segments in India.

Jul 30, 2021 02:07 IST India Infoline News Service

KEC International
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs1,503cr across its various businesses.

Transmission & Distribution (T&D)
The business has secured orders of Rs866cr for T&D projects in India, SAARC, Africa, and the Americas.

Railways
The business has secured orders of Rs321cr in conventional/ emerging segments in India:
  • Overhead Electrification (OHE) – Order for Overhead Electrification (OHE) and associated works
  • Semi High-Speed Rail – Order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation
  • Port connectivity – Orders for Overhead Electrification (OHE) and associated works for port connectivity from a private port operator
Civil
The business has secured orders of Rs176 crore for infra works in the Metals & Mining, Data Centre and FMCG segments in India.

Cables:
The business has secured orders of Rs140cr for various types of cables in India and overseas.

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the traction in orders, amidst global upheavals. Our order book continues to grow with orders secured across business verticals. With these orders, our YTD order intake has surpassed Rs4,000cr with a strong growth of over two times vis-à-vis last year.

Our Railway business has strengthened its presence with ordeRsin both conventional and new segments. We are also enthused by the diverse order secured in Civil, which further widens our client portfolio.”

At around 2:45 PM, K E C International was trading at Rs428.70 per share lower by 0.12% on Sensex.

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