|KEC International wins orders of Rs. 1,001 crore|
Mumbai, January 01, 2016: KEC International Ltd. (KEC), a global infrastructure EPC major, an RPG Group Company has secured new orders of Rs. 1,001 crore in its Transmission & Distribution, Cables and Solar businesses.
Transmission & Distribution Business:
The Company has secured orders in Saudi Arabia, Oman, India, Afghanistan, Zambia and the Americas amounting to
Rs. 822 crore.
- Orders of Rs. 663 crore for construction of various Transmission Lines and Substations in Saudi Arabia.
- An order of Rs. 45 crore for construction of Transmission Line in Oman.
- Orders of Rs. 54 crore in India, Afghanistan and Zambia.
- Orders of Rs. 60 crore for supply in Mexico, Brazil, the US and Chile.
The Company has secured various orders of Rs. 160 crore for the supply of Power and Telecom Cables.
The Company has secured an order of Rs. 19 crore for setting up of grid interactive solar photovoltaic power plant in Andhra Pradesh.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented, “At the dawn of 2016, I am glad that leveraging on our experience and expertise, we have further strengthened our presence in the Middle East Region. This clearly reiterates our view that the slump in oil prices has not impacted the development of Power sector in this region. We continue to be positive about the future on the backdrop of our current orderbook and a healthy L1 position.”
About KEC International Limited
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Cables, Railways, Water and Renewables. Globally, the Company has powered infrastructure development in 61+ countries. It is the flagship Company of the RPG Group.
About RPG Enterprises
RPG Enterprises, established in 1979, is one of India's fastest growing business groups with turnover over Rs. 20,000 crore. The group has more than fifteen companies managing diverse business interests in the areas of Infrastructure, Tyre, IT and Specialty.