KEC International secures new infrastructure orders worth Rs 816cr
In a significant development for the infrastructure sector, KEC International Ltd., a global leader in Engineering, Procurement, and Construction (EPC), and part of the esteemed RPG Group, has announced securing new orders totaling Rs. 816 crores across various sectors of its business. This achievement highlights KEC International’s expanding footprint in the global infrastructure domain, emphasizing its role in driving industrial growth and development.
In the civil sector, KEC International has made notable strides by securing orders for key infrastructure projects within India. These include:
– The setup of a steel plant in Northern India, indicating a boost in the metals and mining industry.
– Construction of a cement plant in Central India, further solidifying its presence in the cement industry.
– Establishment of a carbon derivates plant in Eastern India, showcasing its diversification into the carbon black sector.
These orders underscore KEC International’s capability and expertise in handling complex industrial projects, marking a significant contribution to India’s infrastructure development.
The Transmission & Distribution (T&D) segment of KEC International has also seen success, with orders received for the supply of towers in the United States of America. This marks an important step in KEC International’s efforts to broaden its global presence, particularly in the highly competitive North American market.
The company’s cables business has not been left behind, securing orders for the supply of various types of cables both in India and overseas. This reflects KEC International’s commitment to quality and its ability to meet diverse customer needs globally.
Vimal Kejriwal, the Managing Director & CEO of KEC International Ltd., expressed enthusiasm about the company’s latest achievements, particularly highlighting the civil business’s prestigious orders. “Our Civil business has made remarkable strides by expanding its footprint in the industrial segment with multiple orders for establishing manufacturing facilities across India,” stated Kejriwal. He also emphasized the significance of these orders in achieving the company’s targeted growth trajectory for FY24, with the total order intake reaching Rs. 18,102 crores.
The recent order wins by KEC International Ltd. underscore the company’s robust growth trajectory and its strategic expansion across diverse sectors of the infrastructure industry. By securing a variety of substantial projects, from manufacturing facilities to T&D and cable supplies, KEC International demonstrates its comprehensive expertise and competitive edge in the EPC domain. These developments not only reinforce KEC International’s position as a key player in infrastructure development but also reflect the positive outlook of the global infrastructure sector.