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KEC International wins new orders of Rs1,131 crore

The company has secured orders in Transmission & Distribution, Railways, Civil and Cables businesses.

March 04, 2022 10:05 IST | India Infoline News Service
KEC International Limited, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs1,131 crore across its various businesses. The businesses include:

Transmission & Distribution (T&D):
The business has secured orders for T&D projects in the Middle East and Americas. The orders in Middle East include maiden orders secured directly by our EPC subsidiary in UAE.

Railways:
The business has secured orders for 2 x 25 kV Overhead Electrification (OHE) and associated works for speed upgradation in India.

Civil:
The business has secured orders in the cement, residential, and public spaces segments in India and has added some prestigious clients to its portfolio.

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

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “Our order book continues to grow on the backdrop of the orders secured across all our business verticals despite the continuing global headwinds. With these orders, our YTD order intake has crossed Rs15,000 crore, with a robust growth of ~60% vis-à-vis last year. We are witnessing a gradual uptick in the North American T&D market as witnessed by the flow of orders in Americas secured by our subsidiary SAE Towers.”

At around 10.10 am, KEC International Ltd was trading at Rs459.10 per piece down by Rs7.45 or 1.6% from its previous closing of Rs466.55 per piece on the BSE.

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