KEC International secures new orders worth Rs 1,566cr in diverse sectors

TAGS

KEC International Ltd., a renowned global infrastructure EPC (Engineering, Procurement, and Construction) major and part of the prestigious RPG Group, has recently announced the acquisition of new orders totaling Rs. 1,566 crores. This substantial order influx spans various business sectors, solidifying KEC’s position in the global infrastructure market.

Significant Gains in Transmission & Distribution

The most notable achievement comes from the Transmission & Distribution (T&D) sector. KEC International has secured multiple orders for T&D projects both within India and in the Americas. In India, the company will undertake significant projects involving 400/220 kV Transmission lines and 220/132 kV GIS & AIS Substations. Meanwhile, in the Americas, KEC will be responsible for the supply of Towers, Hardware, and Poles, marking a significant expansion in the international market.

Major wins for KEC International across T&D, civil, oil & gas, and cables businesses

Major wins for KEC International across T&D, civil, oil & gas, and cables businesses

Advancements in Civil Construction and Oil & Gas Pipelines

In the realm of Civil construction, KEC International has gained ground with an order in the Commercial building segment in India. This venture involves the development of a hybrid high-rise structure for a reputed real estate developer, indicating a strategic move into more complex and lucrative building projects.

See also  KEC International reports impressive growth in Q3 FY24: Revenue and profit soar

Furthermore, the company’s foray into the Oil & Gas Pipeline sector has been bolstered by securing an order for composite works for an oil terminal station in India. This marks the second major order in this category, showcasing KEC’s diverse capabilities and growing influence in this sector.

Cables Business Expands Reach

The Cables division of KEC International has also witnessed success, having secured orders for the supply of various types of cables both domestically and overseas. This expansion indicates a broadening of KEC’s product offerings and a strengthening of its global supply chain capabilities.

See also  Zensar to develop next-gen wealth management platform for Infinity Circle

Leadership’s Optimism

Vimal Kejriwal, the Managing Director & CEO of KEC International Ltd., expressed satisfaction with these new orders, particularly highlighting the significant achievements in the T&D business. Kejriwal noted the increasing demand for KEC’s product offerings in North America and the expansion of the Civil business in the commercial building sector. The company’s progress in the Oil & Gas Pipeline business, with its second order for composite station works, was also a point of pride.

See also  Indian EPC firm KEC International bags Rs 1,025cr contracts

Conclusion: A Promising Outlook for KEC International

This series of new orders marks a pivotal moment for KEC International Ltd., reflecting not only its diversified portfolio but also its increasing prominence in both the Indian and international markets. With a strong order book and a strategic vision, KEC International is well-positioned for sustained growth and success in the global infrastructure sector.

CATEGORIES
TAGS
Share This