KEC International Secures New Orders Worth INR 1073 Crore
KEC International Ltd., an RPG Group company, has secured new orders worth INR 1,073 crore across T&D, civil, transportation, and cables, including its maiden ropeway project in the North-East, boosting its YTD order intake to over INR 18,400 crore.
December 30, 2024. By Mrinmoy Dey
The company has secured orders for T&D projects in the Middle East and SAARC region. It has secured orders in the industrial segment in India. It has also secured an order in JV for the design, supply, and construction of a passenger ropeway in the North-East. KEC International has also secured orders for the supply of various types of cables in India and overseas.
Commenting on the development, Vimal Kejriwal, MD and CEO, KEC International Ltd. commented, “We are pleased with the various orders secured across our business verticals. We are particularly enthused by our maiden order in the growing segment of ropeways. With the recent wins in the Middle East and SAARC, we have bolstered our International T&D order book in addition to our already robust India T&D order book, further solidifying our overall T&D business.”
He further added, “With these orders, our YTD order intake now stands at over INR 18,400 crore, reflecting a remarkable growth of ~60 percent vis-à-vis last year. The uptick in order intake has resulted in our order book + L1 being over INR 40,000 crore. With this formidable order book and a promising pipeline of tenders, we have a clear visibility of growth in the coming quarters.”
KEC International has a presence in the verticals of power transmission and distribution, civil, railways, urban infrastructure, renewables, oil and gas pipelines, and cables. The company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (including EPC, supply of towers and cables).
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