Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

KEC International gets Rs 1,215 cr order from India, overseas

Jan 16 2014, 18:07 IST
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KEC International said its wholly-owned subsidiary SAE Towers has got Rs 196 crore orders from US and Latin American countries. KEC International said its wholly-owned subsidiary SAE Towers has got Rs 196 crore orders from US and Latin American countries.
SummaryKEC International said its wholly-owned subsidiary SAE Towers has got Rs 196 crore orders from US and Latin American countries.

The KEC International Ltd, which provides EPC solutions to infrastructure sector, has got various orders worth Rs 1,215 crore for its transmission and cable businesses from both India and overseas.

The transmission business constitutes Rs 1,148 crore of the total order while the remaining Rs 67 crore is from the cable business, KEC International, a RPG Group firm, today said in a statement.

In the transmission business, the biggest order worth Rs 708 crore is from Saudi Electricity Company for design, supply and construction of 380 kV circuit overhead transmission line.

KEC International said its wholly-owned subsidiary SAE Towers has got Rs 196 crore orders from the US and Latin American countries.

Bhutan Power Corporation has awarded KEC International a Rs 180 crore order for supply and construction of 400 kV double-circuit transmission line.

Nepal Electricity Authority has placed a Rs 32-crore order for a 132kV transmission line. In India, the Rs 32-crore order is from Power Grid Corporation for erecting a transmission line in West Bengal.

"In the cable business, the company has secured orders for the supply of power and telecom cables. The total value of these orders is Rs 67 crore," KEC International said.

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