KEC International wins New Orders of Rs. 1,131 crores
~Single largest order till date of Rs. 2,060 crores
Mumbai, February 17, 2023:KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 3,023 crores across its various businesses:
Transmission & Distribution (T&D):
The business has secured orders for T&D projects in Americas
Civil:
The business has secured orders for executing infra works in the Water Pipeline and Commercial building segments in India.
Cables:
The business has secured orders for various types of cables in India and overseas.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the size of new order wins, especially the orders in the water pipeline segment including our single largest order till date. We are now executing ten prestigious projects in this segment with an overall project value of over Rs. 5,000 crores, under the ‘Jal Jeevan Mission’ of the Government. The civil business has also diversified its presence with a maiden order in the commercial building segment, from a reputed international real estate developer. With the above orders, our YTD order intake stands at a record level of over Rs. 18,500 crores, a robust growth of over 30% vis-à-vis last year. These orders will significantly contribute towards our targeted growth going forward.”
About KEC International Limited
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Smart Infrastructure, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). It is the flagship Company of the RPG Group.
About RPG Enterprises
RPG Enterprises, established in 1979, is one of India’s fastest growing business groups with a turnover of US$ 4 billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses