Deals8 Jan 2025, 01:29 pm
KEC International Secures New Orders Worth Rs. 1,136 Crores Across Businesses
AI Summary
KEC International Ltd., a global infrastructure EPC major, has secured new orders of Rs. 1,136 crores across its various businesses: Transmission & Distribution (T&D), Transportation, and Oil & Gas Pipelines. The T&D business has secured a 765 kV Transmission line project in India from Power Grid Corporation of India Limited (PGCIL). The Transportation business has secured a significant order in the Train Collision Avoidance System (TCAS) segment under ‘Kavach’ in India. The Oil & Gas Pipelines business has secured a design, supply and build order for pipeline and associated works from a leading PSU in India. The new orders have boosted the company's YTD order intake to Rs. 20,600 crores, a growth of ~80% vis-a-vis last year.
Key Highlights
- KEC International secures new orders worth Rs. 1,136 crores across businesses
- 765 kV Transmission line project secured from PGCIL
- Significant order in Train Collision Avoidance System (TCAS) segment under ‘Kavach’
- First order in the composite space (including design, supply and build) for Oil & Gas Pipelines business
- YTD order intake reaches Rs. 20,600 crores, a growth of ~80% vis-a-vis last year