Deals2 Jul 2024, 11:28 pm
KEC INTERNATIONAL LTD. Secures New Orders of Rs. 1,017 Crores, Largest Solar Order in India and T&D Orders in Middle East
AI Summary
KEC International Ltd., a global infrastructure EPC major, has secured new orders of Rs. 1,017 crores in T&D and Renewables businesses. The Renewables business has secured an order for Balance of System Package of a 625 MWp Solar PV project in Rajasthan from a subsidiary of a reputed PSU in renewable power generation segment. The T&D business has secured orders for EPC project and supply of towers in the Middle East. The company's YTD order intake has surpassed Rs 5,000 crores, a remarkable growth of 50% vis-a-vis last year.
Key Highlights
- KEC International secures new orders worth Rs. 1,017 crores in T&D and Renewables businesses.
- Largest Solar order in India for 625 MWp Solar PV project in Rajasthan from a reputed PSU in renewable power generation segment.
- T&D business secures orders for EPC project and supply of towers in the Middle East.
- YTD order intake surpasses Rs 5,000 crores, a remarkable growth of 50% vis-a-vis last year.
- Renewable EPC business expected to contribute significantly to future growth.