KEC International bags orders worth Rs 1,203 crore

KEC International, an infrastructure firm, has bagged orders worth Rs 1,203 crore (US$ 170.66 million) across various businesses.

The power transmission and distribution segment, T&D business and SAE Towers of RPG group have secured orders worth Rs 917 crore (US$ 130.09 million) for transmission and distribution (T&D) projects in India, Bangladesh, Africa and the Americas.

Whereas, the civil business of the company has secured orders of Rs 176 crore (US$ 24.97 million) for industrial civil works for Flue Gas Desulfurization (FGD) project and residential projects in the country, while its cables business has secured orders of Rs 110 crore (US$ 15.61 million), the statement added.

“We are pleased with the new order wins in the face of challenging global headwinds. The order wins in Bangladesh along with the earlier order wins in Nepal consolidates our leadership in the South Asian Association for Regional Cooperation (SAARC) T&D market.

“We are particularly enthused by the first order in the FGD segment which opens up a large opportunity for us in this area,” said Mr Vimal Kejriwal, MD & CEO, KEC International.

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major and the flagship company of the RPG Group.

RPG Enterprises was founded in 1979, has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.