KEC International Ltd, the RPG Group global EPC company, has secured new orders of Rs.1,140 crore across its various businesses.
KEC lands its first order in hydrocarbon sector, as well as semi high-speed rail
The power T&D business has clinched orders valued at Rs.963 crore in Middle East and Africa.
The company’s relatively new railways division has been mandated with a Rs.113-crore order for 2x25kV overhead electrification and associated works. This domestic order aims at speed upgradation of the Indian Railways network.
The civil business has secured an order of Rs.64 crore for infra works in the hydrocarbon segment in India. This is the first time that KEC has won an order relating to the hydrocarbon sector, a company release noted.
Commenting on the new orders, Vimal Kejriwal, MD & CEO, KEC International Ltd, said, “We are pleased with the recent traction in order wins amidst the global uncertainty. The orders secured in international T&D (along with the orders in the domestic T&D announced earlier) have significantly enhanced our order book in our core T&D businesses. Our Railway business continues to expand its presence in the emerging areas with its first order in the area of semi high-speed rail. The entry of our civil business in the hydrocarbon segment opens up a large opportunity for us in this growing area.”
(Featured photograph sourced from nhsrcl.in is for illustration only)