KEC International wins a New Order of Rs. 1,082 crores.

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,082 crores in the T&D business as below:

- 400 kV Transmission line order in SAARC, from Power Grid Company of Bangladesh (PGCB)

- 400 kV Transmission line order in India, from a leading private developer under Tariff Based Competitive Bidding (TBCB) route

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are very happy with the continuous order wins, amidst a challenging environment. The order in SAARC is one of our largest T&D orders and significantly enhances our international T&D order book. We are also enthused by the TBCB order from a private developer, which further strengthens our presence in the domestic T&D market. Our YTD order inflows now stand at ~Rs. 8,500 crores, which is a staggering growth of ~100% vis-�-vis last year. With this, our share of international orders in the total order book increases to 41%. These orders along with the orders announced earlier, reaffirm our confidence in achieving the targeted growth going forward."

EQUITYBULLS