KEC International has reported the winning of new orders worth Rs.1,123 crore, taking its cumulative order inflows in this fiscal year to over Rs.7,000 crore.
In a release, KEC International said that these new orders were won across its various businesses, including its traditional core business of power T&D EPC contracting.
Commenting on the order wins, Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the new order wins, especially the consistent order inflows in domestic T&D business. These orders along with the orders announced earlier during the year, have significantly enhanced our order book in T&D and diversified our clientele. We are particularly enthused by the order in Railways, which further consolidates our leadership in the conventional Railway segment. The order in civil has strengthened our presence in the growing hydrocarbon segment. With these orders, our YTD order intake has now surpassed Rs. 7,000 crore, a robust growth of around 25 per cent vis-à-vis last year.”
The Power T&D business has won two 400kV GIS substation orders in India, including one digital substation from Power Grid Corporation of India Ltd (PGCIL) and from an industrial developer.
The Railways business has secured an order for construction of bridges and associated works for new railway line in the conventional segment in India.
The relatively new Civil business has secured an order for infra works in the hydrocarbon segment in India, while the Cables business landed domestic and international orders for various types of cables.
Also read: KEC International Records All-Time High Order Book
Featured photograph (source: KEC International) is for representation only.
