KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of INR 1429 crore across its various businesses.
March 22, 2021
KEC International has secured orders of INR 44 crores for various types of cables in India and overseas.
Company’s transmission and distribution segment has bagged orders worth INR 701 crore from Power Grid Corporation of India Ltd. (PGCIL) and other customers in India, East Asia Pacific and the Americas.
KEC International has also won orders from Railways for INR 366 crore in the emerging segments in India. It will deliver 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation in semi high-speed rail. KEC will also execute tunnel ventilation system and associated works.
The RPG Group Company has secured orders of Rs. 318 crores from reputed private players for infra works in the cement, residential and metals & mining segments in India.
Also Read: HFCL Wins Order Worth Rs. 221 Crore For Kanpur, Agra Metro Projects.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “Our order book continues to grow with orders secured across all our business verticals despite the global headwinds. We are delighted with the additional orders from PGCIL in the Green Energy Corridor under the Tariff Based Competitive Bidding (TBCB) route. Our Railway business continues to strengthen its presence in the emerging segments with orders in High-Speed Rail and Tunnel Ventilation. With the above orders, our current year order inflows have exceeded Rs. 11,000 crores. These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward.”
