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KEC International Bags ₹1,445 Crore T&D Contracts

Written by: Team Angel OneUpdated on: Jan 27, 2025, 3:29 PM IST
KEC International has secured ₹1,445 crore in new Transmission & Distribution orders, boosting its presence in the HVDC segment.
KEC International Bags ₹1,445 Crore T&D Contracts
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KEC International Ltd, a global leader in infrastructure EPC under the RPG Group, has announced major order wins in the T&D sector. These achievements highlight its growing role in supporting India’s energy and infrastructure development.

About The Order

KEC International Ltd, a leading infrastructure company under the RPG Group, has announced new orders worth ₹1,445 crore in the T&D sector. These projects include a major assignment in the ± 800 kV HVDC segment and a 400 kV transmission line, both awarded by Power Grid Corporation of India Limited (PGCIL).  

These new orders strengthen KEC’s position as a key player in India’s power infrastructure development. The company continues to expand its expertise in the T&D sector, contributing to the country’s growing energy needs.  

Strategic Growth in the HVDC Segment

Vimal Kejriwal, MD and CEO of KEC International, expressed excitement about the new orders and the company’s growing success in the HVDC sector including a terminal station project for a private client.

 He noted that rising power demand and the government’s focus on renewable energy create strong opportunities for the T&D business. With these orders, KEC’s total order intake this year has crossed ₹22,000 crores, showing over 70% growth compared to last year.

About KEC International

KEC International is a leading global player in the infrastructure EPC space, with expertise in power transmission and distribution, civil infrastructure, transportation, renewables, oil and gas pipelines and cables. The company operates in more than 30 countries and has a presence in over 110 countries, handling projects across various sectors. KEC is known for its contribution to large-scale infrastructure development and is recognized as the flagship company of the RPG Group.

About RPG Enterprises

Established in 1979, RPG Enterprises is one of India’s rapidly expanding business conglomerates with a turnover of $4.8 billion. The group operates across multiple industries, including infrastructure, tyres, pharmaceuticals, IT and speciality businesses. It is also exploring innovation-led technology solutions to drive growth in emerging sectors. This diversified approach has solidified RPG Enterprises’ position as a leader in India’s business landscape.

KEC Stock Performance 

As of January 27, 2025, at 10:35 AM, With a market capitalisation of ₹208.04 billion, KEC’s shares are trading at ₹783.90 per share, down 6.00% from the previous closing price. Over the last month, the stock has fallen by 32.15% and over the past year, it has declined by 34.71%. The stock has a 52-week high and 52-week low of ₹1,313.25 per share and ₹611 per share, respectively.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 27, 2025, 3:29 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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