Tuesday, July 16, 2024

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KEC gets new orders of Rs 1,025 crores across the business line which includes Infrastructure business in the Metal and Mining sector of India, Oil & Gas Pipelines segment. It has got an order for a slurry pipeline and work in India. It smart Infra line of business has won an order Master System Integrator (MSI) for Smart City Components for three smart cities in India. It has also bagged contracts for various types of cables in India and overseas. The MD & CEO at KEC International, Vimal Kejriwal said that they are pleased with the orders in T&D, especially the TBCB order, which strengthens its order book in the domestic T&D market and diversifies its clientele. The Railway business further establishes its presence in emerging/new areas, with the order in the Semi High-Speed Rail under Mission ‘Raftaar’. The large orders in Civil and Oil & Gas pipelines reaffirm its confidence in the strong growth of these businesses going forward. It has obtained a 400 kV transmission line and a 400/220 kV substation order in India, from a leading private developer under Tariff Based Competitive Bidding (TBCB) route. It also won a 380 kV Transmission line order from Saudi Electricity Company (SEC).

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