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KEC International bags new mandates worth Rs.1,147 crore

KEC Railway | T&D India

 

KEC International Ltd, in a release, said that it has secured new orders of Rs.1,147 crore across its various businesses.

Elaborating on the orders, the release noted that the power T&D business has won orders for power T&D and cabling works in Americas and the Middle East.

The Railways business has secured orders in the technologically enabled/conventional segments in India. The orders include:

Overhead electrification (OHE), auxiliary substations, SCADA system and associated works for elevated and underground metro stations; conventional OHE and associated works; and an order for 2x25kV OHE and associated works for speed upgradation under “Mission Raftaar”.

The Civil business has secured orders in the residential, hydrocarbon and data centre segments in India.

The Cables business has won mandates for various types of cables in India and overseas.

Portfolio diversification

Commenting on the wins, Vimal Kejriwal, MD & CEO, KEC International, said, “We are pleased with the new order wins secured across our business verticals at the start of its financial year. With the cabling order in Middle East, we have reinforced our presence in the international cabling solutions segment. Our Railway business has enhanced its order book in both conventional and new segments. We are witnessing a gradual uptick in the Railways order intake. The diverse orders in the Civil business, further strengthen our portfolio diversification and reaffirm our confidence in the continued strong growth of this business going forward.”

Also read: KEC Wins New Orders, YTD Inflow Crosses Rs.15,000 Crore

Featured photograph (source: KEC International) is for representation only.

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