|KEC International wins orders of Rs.1,224 crore|
Mumbai, August 31, 2016: KEC International Ltd. (KEC), a global infrastructure EPC major, an RPG Group Company has secured new orders of Rs.1,224 crore.
Secured orders in India, Thailand and Bangladesh including the following:
Domestic - Orders of Rs.589 crore
- 400/ 220 kV GIS & AIS Substation and 400 kV Transmission Line at Jagalur in Karnataka.
- 400/ 220 kV Substation and 66kV Transmission Line at Gadag in Karnataka.
International - Orders of Rs.216 crore
Secured orders of Rs.171 crore for supply of Power Cables (incl. EHV) and Telecom Cables.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented, “We are pleased that we continue to strengthen our order book across various businesses and geographies.
In the Transmission and Distribution arena, the order win in Thailand is a significant step in our pursuit to diversify our geographic spread into the ASEAN region. On the Domestic front, the order wins clearly reflect a strong growth in the intra-state T&D network.
The new order wins in Railways strengthen our belief that the Railway Business is poised for a rapid built-up in order book and revenues”
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.
RPG Enterprises, established in 1979, is one of India's fastest growing business groups with turnover over Rs.21,000 crore. The group has more than fifteen companies managing diverse business interests in the areas of Infrastructure, Tyre, IT and Specialty.