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

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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.

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