Deals30 Nov 2024, 02:53 am
KEC INTERNATIONAL LTD. Secures New Orders of Rs. 1,040 Crores in International T&D
AI Summary
KEC International Ltd., a global infrastructure EPC major, has secured new orders of Rs. 1,040 crores in its Transmission and Distribution (T&D) business in the international markets. The orders include the supply of towers, hardware, and poles in Americas and 220 kV Transmission lines in CIS. The company's subsidiary, SAE Towers, has also secured multiple orders across USA, Mexico, and Brazil, demonstrating an uptick in the American T&D market. The new orders have increased the YTD order intake to over Rs. 17,300 crores, reflecting a remarkable growth of ~75% vis-a-vis last year.
Key Highlights
- KEC International secures new orders of Rs. 1,040 crores in its T&D business in international markets
- Orders include supply of towers, hardware, and poles in Americas and 220 kV Transmission lines in CIS
- SAE Towers secures multiple orders across USA, Mexico, and Brazil
- YTD order intake now stands at over Rs. 17,300 crores, reflecting a remarkable growth of ~75% vis-a-vis last year
- New orders reinforce KEC's presence in CIS and strengthen its International T&D order book