StockWatch
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Heavy Electrical Equipment
Regulatory26 Jun 2026, 09:30 pm

KEC International Exclusion from PGCIL Tenders Revoked

AI Summary

KEC International Ltd has announced the revocation of its exclusion from participating in tender and contracts of Power Grid Corporation of India Limited (PGCIL). The exclusion, which was effective from November 18, 2025, for a period of 9 months, has been lifted by PGCIL with effect from June 26, 2026. This decision follows representations and actions taken by KEC International. Consequently, the company is now permitted to participate as a bidder/sub-contractor in PGCIL tenders and contracts with immediate effect. KEC International reaffirms its commitment to corporate governance, ethics, and compliance.

Key Highlights

  • PGCIL exclusion order for KEC International revoked.
  • Company can now participate in PGCIL tenders and contracts.
  • Revocation is effective immediately from June 26, 2026.
  • KEC International maintains high standards of corporate governance.