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KEC Secured Significant Order In Transmission & Distribution (T&D) Business

30 August 20243 mins read by Angel One
The prestigious order in India T&D from a private developer has strengthened its presence in the India T&D market and further diversified its client base.
KEC Secured Significant Order In Transmission & Distribution (T&D) Business
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KEC International Ltd, a leading global infrastructure EPC player and an esteemed member of the RPG Group, has successfully bagged new orders worth ₹1,079 crore across its Transmission & Distribution (T&D) and Cables divisions.

Within the T&D sector, the company has secured prestigious projects spanning across India, the Middle East, and the Americas. Notably, a significant order for 765 kV/ 400 kV transmission lines has been received from a prominent private developer in India. Additionally, the company has been awarded contracts for 230/132 kV transmission lines in Saudi Arabia and Oman. Furthermore, KEC International has been entrusted with the upgrade of an existing 400 kV transmission line in the United Arab Emirates (UAE). To support these projects, the company will also be supplying essential components such as towers, hardware, and poles to clients in the Americas.

In the Cables segment, KEC International has garnered orders for a diverse range of cables both domestically and internationally. This reflects the company’s strong market position and ability to cater to the evolving needs of various industries.

These new orders underscore KEC International’s unwavering commitment to delivering exceptional infrastructure solutions and solidifying its position as a trusted partner in the global market.

Mr Vimal Kejriwal, MD and CEO of KEC International Ltd, commented, “We are pleased with the continuous inflow of orders, particularly in our T&D business. The prestigious order in India T&D from a private developer has enhanced our presence in the India T&D market and further diversified our clientele. The significant orders across Saudi Arabia, Oman and the UAE have substantially expanded our International T&D order book in the Middle East. With these orders, our YTD order intake has surpassed ₹8,700 crore, reflecting an impressive growth of ~60% compared to last year.”

About KEC International Ltd

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. The business enjoys a rich presence in the verticals of Power Transmission and Distribution, Civil, Railways, Urban Infrastructure, Renewables, Oil & Gas Pipelines, and Cables.

About RPG Enterprises

Established in 1979, RPG Enterprises is one of India’s fastest-growing business groups, with a turnover of US$4.8 Billion. The group has diverse business interests in Infrastructure, Tyres, Pharma, IT, and Specialty, as well as emerging innovation-led technology businesses.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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