KEC International, a global infrastructure EPC major and an RPG Group company, has secured new orders worth Rs 1,174 crore for Transmission and Distribution (T&D) projects in India and the Middle East.
Major wins in India and Saudi Arabia
The company has won orders for ±800 kV HVDC and 765 kV transmission lines from a reputed private developer in India. It has also bagged a large order for 380 kV transmission lines in Saudi Arabia. With these latest contracts, KEC’s year-to-date (YTD) order intake has reached around Rs 14,000 crore.
Focus on private developers and Middle East market
Commenting on the order win, Mr. Vimal Kejriwal, MD & CEO, KEC International, said, “The prestigious HVDC transmission line order has significantly increased the share of orders from private developers in our India T&D order intake for the year. The large order in Saudi Arabia has further solidified our leadership in the Middle East T&D market.”
KEC International operate across power transmission and distribution, civil, transportation, renewables, oil and gas pipelines, and cables and conductors.
RPG Enterprises operates across diverse sectors, including infrastructure, tyres, pharma, IT, and specialty businesses, as well as in emerging innovation-led technology areas.
Share price of KEC International
The share price of KEC international has seen a significant increase of 22.75% in past six years.