KEC International wins Rs 1,294cr orders for T&D, railways, and cables units
India-based KEC International, an RPG Group Company, has bagged new orders worth INR 1,294 crores for three of its business units.
In the transmission and distribution (T&D) sector, the EPC company said that it has won a contract for supplying towers in Americas. The award was won by its Brazilian subsidiary — SAE Towers.
Its railways business unit won a couple of contracts for Ballastless Track works (BLT) from Chennai Metro and Mumbai Metro.
On the other hand, the cables business of KEC International bagged orders for different types of cables in India and overseas.
Vimal Kejriwal — KEC International MD and CEO said: “We are pleased with the continuous order wins across businesses. The order in Americas is one of our largest tower supply orders, which significantly enhances our international T&D order book.
“This order also reaffirms our confidence of a revival in the performance of our Brazilian subsidiary in the upcoming quarters. We are also enthused by the orders in Railway business, which has further strengthened its presence in the tech-enabled areas of Metro Rail.
“With these orders, our YTD order intake stands at ~Rs. 11,800 crores, a robust growth of ~20% vis-à-vis last year.”