KEC International secures multifaceted orders worth Rs 2,257cr

TAGS

KEC International Ltd., a renowned global infrastructure EPC (Engineering, Procurement, and Construction) major and a key player within the RPG Group, has announced securing new orders totalling Rs. 2,257 crores across its diverse business sectors. This significant achievement underscores KEC International’s robust growth trajectory and its reinforced presence in both domestic and international markets.

The company’s Transmission & Distribution (T&D) business has been awarded orders for T&D projects within India, including a 765 kV Transmission line and a substation order from the prestigious Power Grid Corporation of India Limited (PGCIL). Further expanding its geographic reach, the Americas sector will see the supply of Towers, Hardware, and Poles, indicating KEC International’s growing influence in the global T&D arena.

See also  KEC International bolsters portfolio with new orders worth Rs 1,065cr

In a notable stride towards diversifying its portfolio, the Oil & Gas Pipelines segment of KEC International has secured its first international order for a pipeline laying project, marking a significant milestone in its operational expansion.

The Civil business segment has not been left behind, securing an order in the metals and mining segment from a leading steel player in India, thereby strengthening its foothold in this critical industrial sector.

Moreover, the Cables business continues to flourish, having secured orders for the supply of various types of cables, both in India and overseas, showcasing the company’s comprehensive capabilities in delivering specialized infrastructure needs.

Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed satisfaction with the company’s recent order wins, highlighting the substantial impact of the large orders from PGCIL on the India T&D order book. “The Civil business continues to strengthen its presence in the metals and mining segment. Our Oil & Gas Pipeline business has successfully expanded its footprint internationally by securing its maiden international project in Africa. With these orders, our YTD order intake has surpassed Rs 16,000 crores. These orders will significantly contribute towards our targeted growth going forward,” stated Kejriwal.

See also  KEC International to acquire Spur Infrastructure for Rs 62cr

KEC International’s recent success in securing diverse orders across its business segments not only amplifies its expertise in handling a wide array of infrastructure projects but also sets a solid foundation for sustained growth.

The company’s strategic foray into international markets, coupled with its strengthening position in the domestic sector, positions it well to leverage upcoming opportunities in the infrastructure realm.

See also  Zensar Technologies joins forces with FRISS to digitize risk assessment

KEC International’s diverse order intake is a clear indicator of its robust position in the global EPC market. The company’s ability to secure significant projects across different sectors, including its first international order in the Oil & Gas segment, showcases its comprehensive expertise and the trust it has built with its clients. As infrastructure development continues to be a critical driver of global economic growth, KEC International’s strategic expansions and diverse project portfolio position it as a key player to watch in the coming years.

CATEGORIES
TAGS
Share This