KEC International Ltd., a prominent global infrastructure Engineering, Procurement, and Construction (EPC) major and part of the RPG Group, has announced securing new orders totaling Rs. 1,061 crores across its diverse business verticals. This significant achievement highlights the company’s robust growth and expanding footprint in both domestic and international markets.
Expanding Horizons in Transmission & Distribution
The company’s Transmission & Distribution (T&D) segment has successfully secured multiple new projects, enhancing its order book in various regions:
– In India, a substantial order for transmission lines and a substation project was secured from a reputed private developer.
– An additional transmission line order was secured in Malaysia, reinforcing KEC International’s presence in the East Asia Pacific region.
– In the Americas, the company will supply towers, hardware, and poles, further solidifying its market position.
Advances in Railway Infrastructure
KEC International’s Railway division has also seen significant achievements:
– A landmark order for composite gauge conversion works marks the company’s first venture into this technologically enabled area.
– The Bengaluru Metro Rail Corporation (BMRC) has entrusted KEC with setting up a comprehensive power supply system, including a receiving substation, high voltage cabling, and associated civil works.
Growth in the Cables Division
The Cables business unit continues to expand with new orders for the supply of power transmission conductors and various types of cables, both within India and overseas. This not only demonstrates KEC’s capability in meeting diverse client needs but also strengthens its product offerings in the infrastructure sector.
Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed his enthusiasm about the new orders: “We are delighted with the consecutive order wins secured across our business verticals. The orders in T&D have enhanced our order book in both domestic and international markets. Our Railway business has further expanded its presence in the technologically enabled areas of metros with the addition of a new client and secured its first order for Gauge conversion works.”
Strategic Implications
The securing of these orders represents a strategic success for KEC International, underlining its commitment to growth and its ability to capitalize on diverse opportunities across the infrastructure spectrum. With a year-to-date order intake of over Rs. 3,000 crores, showing a robust growth of approximately 30% from last year, KEC International is poised for further expansion and impact in the global infrastructure market.
With these new orders, KEC International Ltd. continues to demonstrate its expertise and leadership in the infrastructure EPC sector, driving forward with significant projects in power transmission, railways, and cables. The company’s proactive approach and strategic market positioning promise continued growth and success in the coming years.
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.