KEC International Bags Transmission and Solar Project Orders Worth Rs 1047 Cr

KEC International Limited has secured new orders worth Rs 1,047 crore across its various businesses spanning from the transmission and distribution to solar energy projects

Global infrastructure Engineering, Procurement and Construction (EPC) major KEC International Limited has announced that it has secured new orders worth at least Rs 1,047 crore across its various businesses spanning from transmission and distribution to solar energy projects in India and abroad.

The RPG Group Company has revealed that in the transmission and distribution business, its T&D business and SAE Towers have secured orders of Rs 669 crore for T&D projects in India, SAARC, Middle East and the Americas.

In the civil sector, the firm has secured orders of Rs 153 crore for Defence (setting up a data centre) and residential projects in India. And the cables business has secured orders of Rs 121 crore for various types of cables/ cabling projects.

The firm has also added that its solar business has secured orders of Rs. 104 crore for solar projects in India and the Middle East.

Vimal Kejriwal, MD & CEO, KEC International Ltd said, “we are delighted with the new order wins secured across our business verticals amidst the current market scenario. The orders in T&D will enable us to further strengthen our portfolio in the international markets. We are particularly encouraged by the second order in the Defence segment secured by our Civil business.”

Recently, Larsen & Toubro had announced that its power transmission and distribution business of L&T Construction has bagged significant orders in India and overseas. In Bangladesh, the business has won a turnkey order for design, supply, installation, and commissioning of power transmission infrastructure for the 800 MW Rupsha power plant, it said in a statement. An order to build 220kV substations in Nepal has been received, it said, adding that an order to establish 380kV and 230kV transmission line corridors in the Kingdom of Saudi Arabia has also been bagged.

On the domestic front, the business has won an order to design and construct a 50 MW solar Photovoltaic plant in Tamil Nadu. The company did not provide the value of the contracts but said the orders fall under the “significant” category, which ranges between Rs 1,000 crore and Rs 2,500 crore according to the classification of contracts.