KEC International bags multiple contracts worth Rs 1,065cr
KEC International, an Indian EPC company owned by the RPG Group, has bagged new orders worth INR 1,065 crores for its various businesses.
In the transmission and distribution (T&D) business, KEC International has won orders for projects in India, Africa, the Middle East, and Americas.
The EPC company has won an order for constructing railway siding in the conventional segment in India.
Its civil business on the other hand has been given an order in India to carry out infra works in the water pipeline segment.
The RPG Group company has bagged an order for laying an oil and gas pipeline. The contract will be executed by KEC International’s fully-owned subsidiary — Spur Infrastructure.
The company has also bagged orders for multiple types of cables in India as well as overseas.
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. The continuous orders in T&D have significantly enhanced our order book, especially in the international markets. We are particularly enthused by the order in Railways, which further consolidate our leadership in the conventional Railway segment.
“The order in Civil has strengthened our presence in the growing water infra segment. With these orders, our YTD order intake stands at ~Rs. 11,000 crores with a strong growth of 2.5 times vis-à-vis last year. These orders along with the orders announced earlier, reaffirm our confidence in achieving the targeted growth going forward.”