KEC International to wrap up remaining work of Warora-Kurnool Transmission project
KEC International has signed agreements worth INR4.77 billion with Warora-Kurnool Transmission Limited (WKTL), for finishing the remaining work of the transmission lines in Andhra Pradesh, Maharashtra, and Telangana.
The construction engineering company has also reached an agreement with the subsidiary of Adani Transmission Limited (ATL) regarding the release of the earlier dues of the transmission project.
KEC International expects to begin the execution of the transmission lines shortly.
Vimal Kejriwal – MD and CEO of KEC International said: “We are pleased that work on this strategic project interconnecting the West to South is poised to restart.
“This project along with the current TBCB projects secured from Power Grid Corporation of India Limited (PGCIL) in the last quarter will contribute significantly towards the Revenue growth in the Domestic T&D market.”
Last month, Adani Transmission signed a deal to acquire Warora-Kurnool Transmission from Essel Infraprojects for INR 33.7 billion ($460 million) in cash.
The Warora-Kurnool Transmission project will have a couple of 765 kV inter-state transmission lines that connect Warora to Warangal and Chilakaluripeta to Kurnool via Hyderabad with a new 765/400 kV sub-station at Warangal.