Mumbai, March 22, 2021:KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,429 crores across its various businesses:
Transmission & Distribution (T&D):
The business has secured orders of Rs. 701 crores for T&D projects from Power Grid Corporation of India Ltd. (PGCIL) and other customers in India, East Asia Pacific and the Americas.
The business has secured orders of Rs. 366 crores in the emerging segments in India:
- Semi High-Speed Rail – Order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation
- Tunnel Ventilation – Order for tunnel ventilation system and associated works
The business has secured orders of Rs. 318 crores from reputed private players for infra works in the cement, residential and metals & mining segments in India.
The business has secured orders of Rs. 44 crores for various types of cables in India and overseas.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented, “Our order book continues to grow with orders secured across all our business verticals despite the global headwinds. We are delighted with the additional orders from PGCIL in the Green Energy Corridor under the Tariff Based Competitive Bidding (TBCB) route. Our Railway business continues to strengthen its presence in the emerging segments with orders in High-Speed Rail and Tunnel Ventilation. With the above orders, our current year order inflows have exceeded Rs. 11,000 crores. These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward.”
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, Railways, Civil, Solar, Smart Infrastructure and Cables. The Company is currently executing infrastructure projects over 30 countries and has a footprint in 100+ countries (includes EPC & Supply). 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 a turnover of US$ 4 Billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses.