KEC International: Rs. 1,323 Cr Fresh Orders Bagged
KEC International Ltd., flagship company of RPG group – a global Infrastructure Engineering, procurement and construction major informed through a press release dated 12th March 2019 details of various orders won by the company valuing Rs. 1,323 Cr in totality.
The orders have been booked in five major business verticals of the company.
Rs. 644 Cr. orders have been secured by KEC’s Railways vertical for composite and overhead electrification work for Indian Railways.
Rs. 287 Cr. turnkey orders have been secured by KEC’s largest business sector i.e. Transmission & Distribution across America, India and UAE.
Two orders worth Rs. 233 Cr. have been secured under KEC’s Smart Infra business vertical. Orders have been booked as a Master Service Integrator for smart city ICT components. One job is for a brownfield and the other for a greenfield smart city project.
Fresh and change orders valuing Rs. 91 Cr. have been secured by KEC for civil and construction work in leading automobile companies.
Rs. 68 Cr. worth orders have been secured for the cables and cabling works.
On winning the orders Mr. Vimal Kejriwal, MD & CEO of the company said in the press release “We are delighted with the new order wins especially in our Railways and Smart Infra businesses. The second substation order in UAE strengthens our substation portfolio in the Middle East market. The order wins in Railways help us to further consolidate our order book and establish leadership in this sector. We are particularly enthused by the orders secured by our Smart Infra business in the core Smart City segment. These order wins give us confidence that Smart Infra business can become a significant part of KEC’s overall business portfolio going forward.”