KEC International Bags New Orders of Rs. 10.73 Bn
ECONOMY & POLICY

KEC International Bags New Orders of Rs. 10.73 Bn

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 10.73 billion (bn) across its various businesses. The company has secured orders for Transmission and Distribution projects in Middle East and SAARC region. In India, the company has bagged order in the industrial segment in India. Also, it has secured an order in JV for Design, Supply, & Construction of a passenger ropeway in the North-East. The company will also be supplying various types of cables in India and overseas.

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the various orders secured across our business verticals. We are particularly enthused by our maiden order in the growing segment of ropeways. With the recent wins in the Middle East and SAARC, we have bolstered our International T&D order book in addition to our already robust India T&D order book, further solidifying our overall T&D business. With these orders, our YTD order intake now stands at over Rs. 184 bn, reflecting a remarkable growth of ~60% vis-à-vis last year. The uptick in order intake has resulted in our order book + L1b being over Rs 400 bn. With this formidable order book and a promising pipeline of tenders, we have a clear visibility of growth in the coming quarters.”

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 10.73 billion (bn) across its various businesses. The company has secured orders for Transmission and Distribution projects in Middle East and SAARC region. In India, the company has bagged order in the industrial segment in India. Also, it has secured an order in JV for Design, Supply, & Construction of a passenger ropeway in the North-East. The company will also be supplying various types of cables in India and overseas. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the various orders secured across our business verticals. We are particularly enthused by our maiden order in the growing segment of ropeways. With the recent wins in the Middle East and SAARC, we have bolstered our International T&D order book in addition to our already robust India T&D order book, further solidifying our overall T&D business. With these orders, our YTD order intake now stands at over Rs. 184 bn, reflecting a remarkable growth of ~60% vis-à-vis last year. The uptick in order intake has resulted in our order book + L1b being over Rs 400 bn. With this formidable order book and a promising pipeline of tenders, we have a clear visibility of growth in the coming quarters.”

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