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KEC International bags Rs. 1,065 crores order across its various businesses

by 04 Aug 2023
1 min read
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KEC International has secured new orders of Rs. 1,065 crores across its various businesses. The Transmission & Distribution (T&D) has secured orders for T&D projects in India, Africa and Americas. The orders include 400 kV Transmission line and GIS Substation in India, from a subsidiary of a reputed PSU in renewable power generation segment; 400/220 kV AIS Substation in India, from a leading private developer; supply of towers in Africa; and supply of towers, hardware and poles in Americas, secured by KEC's subsidiary, SAE Towers. The Cables business has secured orders for supply of various types of cables in India and overseas.

Vimal Kejriwal, MD & CEO, KEC International commented, “We are pleased with the new order wins, especially the consistent inflows in Domestic T&D business. These orders have significantly enhanced our India T&D order book and further diversified our clientele. In line with the thrust of Indian Government on renewable energy, we have secured our second large order from a non-utility client, for distribution of power generated by large renewable parks. The continuous flow of orders in Americas, secured by our subsidiary SAE Towers, reflects the growing market across US, Mexico and Brazil. With these orders, our YTD order intake stands at ~Rs. 4,500 crores, with a staggering growth of ~30% vis-à-vis last year.”

 

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