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Be Ahead With Economy And Policy Updates

KEC International Wins New Orders of Rs. 1,050 Crores

KEC International
KEC International
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Mumbai: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,050 crores across various businesses:

 

Renewables:

The business has secured a breakthrough order for a 100+ MW Wind Project – Balance of Plant (BoP) package in Southern India from a renowned private developer.

 

Civil:

The business has secured an order in the Buildings & Factories (B&F) segment from an existing client for the execution of a downstream project in Western India for a leading steel player.

 

Transmission & Distribution (T&D):

The business has secured orders for supply of towers, hardware and poles in the Americas.

 

Cables & Conductors:

The business has secured orders for supply of various types of cables and conductors in India and the overseas markets.

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the new order wins across businesses especially the maiden order in the Wind Energy segment secured by our Renewables business, marking our entry into this fast-growing area of the Renewable energy sector. Our Civil business continues to strengthen its presence in the B&F segment with a large downstream project from a leading steel player. Our subsidiary, SAE Towers has secured significant tower supply orders in Mexico, reflecting an uptick in the North American T&D market. With these wins, our year-to-date order intake stands at ~Rs 19,300 crore, reaffirming our confidence in achieving our growth targets.”

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