KEC International secures new orders worth Rs 1,303 cr across businesses
In the Civil segment, KEC International secured an order for the construction of a press shop and related facilities for an automobile manufacturing plant in northern India from a leading client.
The Renewables business received an order for a 150+ MW wind project in western India from a prominent private sector developer, strengthening the company?s wind EPC portfolio.
Meanwhile, the Cables & Conductors business bagged multiple orders in domestic as well as international markets.
Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, ?We are pleased with the new order wins across businesses in India. Our T&D business has significantly enhanced its order book in India T&D with a repeat order from an existing private client. The Civil business has widened its presence in the automobile segment with an order from one of India?s leading automobile manufacturers adding a marquee client to its portfolio. Our Renewables business has strengthened its Wind EPC portfolio with successive order wins. These strategic wins will play a pivotal role in driving our targeted growth going forward.?
KEC International is a major global infrastructure engineering, procurement, and construction (EPC) company. It has a presence in the verticals of power transmission & distribution, civil, transportation, renewables, oil & gas pipelines, and cables. It has a footprint in 110+ countries (includes EPC, supply of towers and cables). It is the flagship company of the RPG Group.
The counter declined 1.61% to Rs 499.15 on the BSE.
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