KEC International wins orders worth Rs 780 crores -8/28/2009
Mumbai, August 28, 2009: KEC International Ltd. (KEC), a global leader in the power transmission EPC business and an RPG group company, has won orders in the domestic and international space to the tune of Rs. 780 crore.
In the Domestic market, the company has won an order of Rs. 587 crore from Maharashtra State Electricity Transmission Company Limited (MSETCL). The order is a part of the “Strategic EPC Alliance” programme of MSETCL to augment its transmission network and enhance its ability to transfer and transmit power across the state.
KEC International wins international orders worth Rs 470 crores -10/22/2009
Mumbai, October 22, 2009: KEC International Ltd. (KEC), a global leader in the power transmission EPC business and an RPG group company, has won orders from the Middle East (Saudi Arabia) and Africa (Chad) aggregating to Rs. 470 crore.
In the Middle East (Saudi Arabia), the company has won two orders totaling to Rs. 400 crore. The scope of the orders includes survey, design, engineering, planning, construction, erection, testing and commissioning of:
163 kms of 380 kV D/c Transmission
KEC International Q2 FY10 PAT up by 135%; -10/30/2009
Mumbai, October 30, 2009: KEC International Ltd., a global leader in the project management business and an RPG group company, today announced its unaudited consolidated results for quarter ended 30th September 2009.
The company’s net sales are Rs. 875.11 crore as against Rs. 806.70 crore for the corresponding quarter last year, registering a growth of 8.48%. PAT grew by a remarkable 134.62% to Rs. 42.09 crore from Rs. 17.94 crore in the corresponding quarter last year.
The company’s order book
KEC INTERNATIONAL & RPG CABLES BOARDS -10/30/2009
Mumbai, October 30, 2009: The Boards of Directors of KEC International Limited (KEC) and RPG Cables Limited (RPGCL) today unanimously approved RPGCL’s merger with KEC, subject to necessary approvals.
The exchange ratio recommended by both boards is 1 (one) share of KEC for every 20 (twenty) shares of RPGCL. KEC will issue 2073068 new shares, thereby increasing its equity capital to Rs. 51.42 crore.
Commenting on the merg
KEC International wins Distribution order worth Rs 132 crores -11/9/2009
Mumbai, November 9, 2009: KEC International Ltd. (KEC), a global leader in the power transmission EPC business and an RPG group company, has won a distribution order worth Rs. 132 crore in the state of Maharashtra.
The order comes from the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for Electrification works under Infrastructure Plan Phase-IIA Project on a single point responsibility Turnkey basis in Palghar (Kalyan) zone of Maharashtra state.
“We have established ourselves as a strong player in the Power Distribution space in ...
KEC INTERNATIONAL DECLARES 45% DIVIDEND -5/7/2007
Mumbai, May 07, 2007: RPG Group Company, KEC International Ltd. (KEC) today reported that the company’s Board of Directors, in its meeting held earlier in the day, recommended the declaration of 45% dividend i.e. Rs. 4.50 per share of Rs. 10 each.
This comes on the back of KEC earlier reporting Net Profit growth of 112% to Rs. 104.6 crore from last year’s figure of Rs. 49.3 crore. As a result, KEC’s earnings per share (EPS) more than doubled from Rs. 13.58 in 2005-06 to Rs. 27.76 in 2006-07.
Currently, the company boasts an impressi...
KEC International wins Rural Electrification & Substation orders -11/19/2009
Mumbai, November 19, 2009 : KEC International Ltd. (KEC), a global leader in the power transmission EPC business and an RPG group company, has won a rural electrification order in the state of Madhya Pradesh and a substation order in Ghana, Africa.
The Rural Electrification order comes from the Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company Ltd. (MPMKVVCL) under the RGGVY programme in the district of Morena in Madhya Pradesh state. The scope covers electrification in 7 blocks, providing connections to approx. 22000 Below Poverty Line families....