Published On:December 29 2023
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"KEC International Secures Orders Worth ₹1,566 Crore, Witnesses Surge in Shares"
KEC International Ltd, a leading global infrastructure EPC (Engineering, Procurement, and Construction) company, has clinched new orders totaling ₹1,566 crore spanning various business segments. The robust order book reflects the company's continued growth and diversified capabilities.
In the transmission and distribution (T&D) sector, KEC International has secured orders for projects both in India and North America. This includes prestigious projects such as the development of 400/220 kV transmission lines and 220/132 kV GIS & AIS substations. Furthermore, the company has bagged orders for the supply of towers, hardware, and poles, reaffirming its position as a key player in the T&D domain.
Expanding its presence in the civil segment, KEC International has secured a noteworthy order in the commercial building category within India. This significant milestone underscores the company's competence in executing projects across diverse construction domains.
The oil and gas pipelines business of KEC International has added to its order book with a substantial order for composite works related to an oil terminal station in India. This development strengthens the company's foothold in the oil and gas sector, showcasing its expertise in handling complex projects.
In the cables business vertical, KEC International has secured orders for both domestic and international supply, highlighting its global reach and capabilities in the cable industry.
Vimal Kejriwal, Managing Director and CEO of KEC International Ltd, expressed satisfaction with the new order acquisitions, particularly emphasizing the significance of the substantial orders in the T&D business. The momentum observed in tower supply orders, especially in North America, underscores the increasing demand for the company's products in the region. The expansion in the civil business, particularly in the commercial building segment, and the strengthening of the oil and gas pipeline business with a second order for composite station works, further solidify KEC International's position as a key player in the infrastructure and construction industry.
HBL