KEC International inks pact to buy Spur Infrastructure for Rs 62 crore
POWER & RENEWABLE ENERGY

KEC International inks pact to buy Spur Infrastructure for Rs 62 crore

RPG Group company KEC International Limited has inked a pact to acquire a 100% stake in Spur Infrastructure Private Ltd at an enterprise value of Rs 62 crore.

The acquisition is to be completed within 60 days from the date of the agreement.

KEC International told the media that the acquisition is in line with the company's strategy to expand into various areas of growth.

Vimal Kejriwal, MD & CEO, KEC International Limited, told the media that the company launched the oil and gas pipelines EPC business with the centre's progressive role in the sector. He said that the company's strategy is to diversify the business portfolio into adjacencies.

Formed in 2016, Spur Infra is an engineering procurement and construction (EPC) company that is a major player in India's oil and gas sector. The company sets up oil, gas pipelines, and city gas distribution networks across the country.

Spur Infrastructure generated over Rs 100 crore annual revenue with a profitable track record, experienced workforce, and technical expertise.

The company has around Rs 600 crore order book, including cross-country pipelines and city gas distribution network projects from marquee customers.

Image Source

RPG Group company KEC International Limited has inked a pact to acquire a 100% stake in Spur Infrastructure Private Ltd at an enterprise value of Rs 62 crore. The acquisition is to be completed within 60 days from the date of the agreement. KEC International told the media that the acquisition is in line with the company's strategy to expand into various areas of growth. Vimal Kejriwal, MD & CEO, KEC International Limited, told the media that the company launched the oil and gas pipelines EPC business with the centre's progressive role in the sector. He said that the company's strategy is to diversify the business portfolio into adjacencies. Formed in 2016, Spur Infra is an engineering procurement and construction (EPC) company that is a major player in India's oil and gas sector. The company sets up oil, gas pipelines, and city gas distribution networks across the country. Spur Infrastructure generated over Rs 100 crore annual revenue with a profitable track record, experienced workforce, and technical expertise. The company has around Rs 600 crore order book, including cross-country pipelines and city gas distribution network projects from marquee customers. Image Source

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement