KEC International secures new orders worth Rs1,407 crore

4 Oct 2022 , 12:54 PM

KEC International Limited, an RPG Group Company, and a global infrastructure EPC giant have received fresh orders worth Rs1,407 crore.

The company has received orders for T&D projects in the Middle East including 400 kV Transmission lines, part of Kuwait, and a 380 kV Transmission line in Saudi Arabia.

For its civil business, the company has secured an order for the construction of official quarters and associated facilities for senior Government officials in India.

KEC’s Railway business has received orders for Signaling & Telecommunication works of the Train Collision Avoidance System (TCAS) under ‘Kavach’ in a consortium in India.

Furthermore, the cable business of the company has secured orders for various types of cables in India and overseas.

With the receipt of this order, the company’s total order book stands at Rs8,400 crore, reflecting 50% growth over the last year.

At around 12.57 PM, KEC International was trading at Rs445.85, down by 0.16% from its previous closing of Rs446.55 on the BSE. The scrip touched intraday high and low of Rs469 and Rs441.65 respectively.

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