KEC International bags $150m worth contracts across business lines
KEC International, an Indian construction engineering company, has bagged new contracts totaling INR 11.4 billion ($150 million) across its business lines.
The company, which is a subsidiary of Rama Prasad Goenka Group (RPG Group), said that its transmission and distribution (T&D) unit has won contracts of INR 9.63 billion ($130 million) for T&D projects across the Middle East and Africa.
KEC International’s railways business unit won a contract of INR 1.13 billion to supply a couple of 25 kV overhead electrification (OHE) and related works for speed upgradation in India.
KEC International bags $150m worth contracts across business lines. Photo courtesy of Free-Photos from Pixabay.
Its civil business unit won an INR 64 crore contract in India for executing infra works in the hydrocarbon sector.
Vimal Kejriwal – MD and CEO of KEC International said: “We are pleased with the recent traction in order wins amidst the global uncertainty. The orders secured in International T&D (along with the orders in the Domestic T&D announced earlier) have significantly enhanced our order book in our core T&D businesses.
“Our Railway business continues to expand its presence in the emerging areas with its first order in the area of Semi High-Speed Rail. The entry of our Civil business in the Hydrocarbon segment opens up a large opportunity for us in this growing area.”