KEC Bags Rs. 2,545 Cr. Orders
A global infrastructure Engineering, Procurement, and Construction (EPC) major company KEC International Ltd. (KEC) announced that it has booked new orders worth Rs. 2,545 Cr. in four major business verticals of the company during the month of December 2019. KEC is a flagship company of RPG Group*.
Transmission and Distribution Business
Orders worth Rs. 1,141 Cr. has been secured in India as well as in International market.
- KEC has secured two orders worth Rs. 391 Cr. for the construction of 400 KV transmission lines in Nepal.
- Orders worth Rs. 750 Cr. have been secured for T&D projects in India from Power Grid Corporation of India (PGCIL) in Western India, Tamil Nadu Transmission Corporation Limited (TANTRANSCO) in Southern India and from a private player in Eastern India.
Urban Transportation Business
Orders worth Rs. 964 Cr. has been secured for the construction of elevated viaduct along with 8 stations of the Delhi Metro Phase IV project from Delhi Metro Rail Corporation (DMRC).
Railways Business
Orders worth Rs. 290 Cr. has been secured under railways in India:
- The business has secured orders worth Rs. 165 Cr. for the construction of road over bridges in Western India.
- The business has secured orders of Rs. 125 Cr. for Signalling and Telecommunication works from Rail Vikas Nigam Limited (RVNL) and overhead electrification and associated civil works from Central Organisation for Railway Electrification.
Cables Business Orders: Rs. 150 Cr. orders have been secured by KEC under various types of Cables and Cabling projects. More information about these orders is not available.
On winning the orders Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented “We are pleased with the new order wins, especially the second-order win from DMRC. This order enables us to strengthen our presence in the urban transport sector. With the international orders secured in T&D and the domestic orders announced earlier during the year, we are seeing traction in our core T&D business. The order wins in Nepal will consolidate our leadership position in the SAARC T&D market.”
*RPG Enterprises was established in 1979 and has diverse business in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses.
