BAJAJ BROKING

Notification
No new Notification messages
Vishal Mega Mart IPO is Open!
Apply for the Vishal Mega Mart IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

KEC International Secures ₹1,025 Cr Orders in T&D and Cables Businesses

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

KEC International Limited secures ₹1,025 crore in new orders, boosting its presence in India, West Africa, and the Americas. The company’s year-to-date (YTD) order intake has surpassed ₹4,000 crore, reflecting a remarkable growth of over 70% compared to the previous year.

KEC International News Today

Infrastructure giant KEC International Limited announced that it has secured new orders worth ₹1,025 crore across its transmission & distribution (T&D) and cables businesses. This substantial acquisition reinforces the company's position in both domestic and international markets.

Project Details

  • 765 kV GIS Substation Project in India: The company secured this project from Power Grid Corporation of India Ltd (PGCIL). This high-voltage project will play a crucial role in strengthening India's power grid infrastructure.
  • 225 kV Composite Project in West Africa: This comprehensive project includes the construction of transmission lines, substations, and underground cabling. It underscores KEC International’s expanding influence in the African market.
  • Expansion in the Americas: In the Americas, KEC International will supply towers, hardware, and poles. This order marks a significant step in solidifying the company's presence and operational capabilities in the region.

Growth in Cables Business

KEC International's cables business has also witnessed robust growth with new orders for the supply of various types of cables. These contracts include both domestic and international clients, indicating the strong demand and trust in the company's products.

Explore: Kec Intl. Limited Share Price

Strategic Impact and Future Prospects

The company’s year-to-date (YTD) order intake has surpassed ₹4,000 crore, reflecting a remarkable growth of over 70% compared to the previous year. Vimal Kejriwal, MD and CEO of KEC International expressed satisfaction with the continuous inflow of orders, particularly in the T&D business.

In Conclusion

KEC International’s recent achievements underline its robust capabilities and strategic growth in the infrastructure sector. The diverse range of projects and the significant increase in order intake position the company for continued success and expansion in the global market.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text