Deals30 Jan 2024, 03:12 am
KEC International Secures New Orders Worth Rs. 1304 Crores
AI Summary
KEC International Ltd., a global infrastructure EPC major, has secured new orders worth Rs. 1,304 crores across its various businesses, including Transmission & Distribution, Civil, and Cables. The company has received orders from reputed clients such as Power Grid Corporation of India Limited (PGCIL) and a prominent real estate developer. This new order intake is a significant boost to the company's India T&D order book and demonstrates the company's continued optimism on the government's thrust for renewable energy projects. The company's YTD order intake now stands at ~Rs 13,000 crores.,
Key Highlights
- New orders worth Rs. 1,304 crores secured
- Significant boost to India T&D order book
- Continued optimism on government's thrust for renewable energy projects
- Repeat order from a reputed real estate developer
- Largest order for cable supply from a prominent infrastructure major