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KEC International wins New Orders of Rs. 1,315 crores

Posted On: 2023-10-17 07:19:04 (Time Zone: IST)


KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,315 crores across its various businesses:

The Transmission & Distribution (T&D) business has secured orders for T&D projects in India, Middle East, Australia and Americas:

- 765 kV Transmission line and 765 kV AIS Substation orders in India, from Power Grid Corporation of India Limited (PGCIL)
- Supply of Towers in Middle East, Australia and Americas
- Supply of Hardware and Poles in Americas

The Cables business has secured orders for supply of various types of cables in India and overseas.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the new order wins, particularly the orders from PGCIL in Rajasthan. These orders have significantly enhanced our India T&D order book. We are also enthused by the tower supply order from Australia, which is a testament to our dedicated focus on expanding and diversifying the tower sales business geographically. In a noteworthy achievement, our tower supply business footprint now extends across six continents."

Shares of KEC International Limited was last trading in BSE at Rs. 652.25 as compared to the previous close of Rs. 654.60. The total number of shares traded during the day was 7326 in over 734 trades.

The stock hit an intraday high of Rs. 662.00 and intraday low of 650.30. The net turnover during the day was Rs. 4803016.00.


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