Indian EPC firm KEC International bags Rs 1,025cr contracts
KEC International, an Indian EPC company, has bagged new orders with a combined worth of INR 1,025 crores across its multiple businesses.
The RPG Group subsidiary has won orders for transmission and distribution (T&D) projects in India and the Middle East. In India, KEC International has been given an order under tariff based competitive bidding (TBCB) route by a private developer for a 400kV transmission line and 400/220 kV substation.
The Indian EPC company has won an order from the Saudi Electricity Company (SEC) for a 380kV transmission line.
KEC International’s railways business has bagged an order for 2 x 25kV overhead electrification (OHE) and related works for speed upgradation in India. Its civil business won an order in the metals and mining segment in India for executing infrastructure works.
On the other hand, the company’s oil and gas pipeline business has won an order in India for laying a slurry pipeline and related works.
Its smart infra business has taken an order as master system integrator (MSI) for smart city components for three smart cities in India. The company’s cables business has won orders for multiple types of cables in India and abroad.
Vimal Kejriwal — MD and CEO of KEC International said: “Our order book continues to grow on the backdrop of orders secured across all our business verticals. With these orders, our YTD order intake surpasses Rs. 13,000 crores, with a staggering growth of ~2 times vis-à-vis last year. We are pleased with the orders in T&D, especially the TBCB order, which strengthens our order book in the domestic T&D market and diversifies our clientele.
“The Railway business further consolidates its presence in emerging/new areas, with the order in the Semi High-Speed Rail under Mission ‘Raftaar.’ The large orders in Civil and Oil & Gas Pipelines reaffirm our confidence in the strong growth of these businesses going forward. We are also enthused by the prestigious order in Smart Infra to develop three smart cities in India.”