KEC bags orders worth Rs 10.65 bn across businesses

KEC International, an RPG Group Company, has secured new orders of Rs 10.65 billion across its various businesses: Transmission & Distribution (T&D): The business has secured orders for T&D projects in India, Africa and the Americas: 400 kV transmission line and GIS Substation order in India, from a subsidiary of a reputed PSU in the renewable power generation segment 400/220 kV AIS Substation order in India, from a leading private developer Supply of towers in Africa Supply of towers, hardware and poles in the Americas, secured by our subsidiary, SAE Towers Cables: The business has secured orders for the supply of various types of cables in India and overseas. Vimal Kejriwal, MD & CEO, KEC International, commented, “We are pleased with the new order wins, especially the consistent inflows in Domestic T&D business. These orders have significantly enhanced our India T&D order book and further diversified our clientele. In line with the thrust of the Indian Government on renewable energy, we have secured our second large order from a non-utility client, for the distribution of power generated by large renewable parks. The continuous flow of orders in the Americas, secured by our subsidiary SAE Towers, reflects the growing market across US, Mexico and Brazil. With these orders, our YTD order intake stands at approximately Rs 45 billion, with a staggering growth of ~30% vis-à-vis last year.”