KEC International, through its overseas subsidiary, has clinched a large order for supply of transmission towers. This order was part of a series of orders worth Rs.1,294 crore won by KEC International.
In a release, KEC International said that SAE Towers, its Brazil-based subsidiary, has secured a large order (value unspecified) for supply of towers in Americas.
The Railways business has secured two orders for Ballastless Track (BLT) works from Chennai Metro and Mumbai Metro in the technologically enabled segment in India. Also, the Cables business landed orders for various types of cables in India and overseas.
These orders have taken KEC International’s order inflows in FY23 so far to Rs.11,800 crore.
Also read: KEC International Sees 25 Per Cent Growth In Order Intake
International T&D order book
According to Vimal Kejriwal, MD & CEO, KEC International Ltd, “We are pleased with the continuous order wins across businesses. The order in Americas is one of our largest tower supply orders, which significantly enhances our international T&D order book. This order also reaffirms our confidence of a revival in the performance of our Brazilian subsidiary in the upcoming quarters. We are also enthused by the orders in Railway business, which has further strengthened its presence in the tech-enabled areas of Metro Rail. With these orders, our YTD order intake stands at around Rs. 11,800 crore, a robust growth of around 20 per cent vis-à-vis last year.”
