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KEC International gets new orders worth ₹1,114 Crore

26 Nov 2024 , 03:27 PM

On Monday (25 November), KEC International Ltd announced fresh orders for 1,114 Crore in transmission and distribution, civil, railways, and cables divisions.

T&D won orders for a 400 kV transmission line project in Oman, as well as towers, hardware and poles in the Americas. The civil division received contracts in India’s industrial sector. 

In the railways sector, the company received a contract for Metro Overhead Electrification (OHE) work in India, utilising sophisticated technology. Furthermore, the cable company received orders to supply numerous cable kinds to customers in India and abroad.

Vimal Kejriwal, MD and CEO of KEC International, stated, “We are delighted with the various orders secured across our business verticals. The Oman order, combined with prior orders from Saudi Arabia and the United Arab Emirates, has enhanced our Middle Eastern leading position.”

KEC International is the RPG Group’s main company and a global leader in infrastructure engineering, procurement, and construction (EPC). RPG Enterprises, founded in 1979, has a wide range of corporate interests, including infrastructure, tires, pharmaceuticals, information technology, and specialities, as well as new innovation-led technology enterprises.

The company’s Civil business has expanded its customer base by adding reputable industrial clients. Vimal Kejriwal added that they are particularly delighted by the railway order in the technologically advanced section of metros, which is a significant focus for them. With these new orders, its YTD order intake stands at ₹14,600 Crore, showing a significant growth of 50% from last year.

For feedback and suggestions, write to us at editorial@iifl.com

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