KEC International Ltd has secured new orders collectively worth over Rs.1,300 crore, the RPG Group company said in a release.
These orders, valued at Rs.1,373 crore, were clinched across diversified business segments and comprised both domestic and overseas mandates.
Orders won by the Transmission & Distribution (T&D) business included a 400 kV transmission line order in India, supply of towers in India and the USA, and supply of towers, hardware and poles in Americas. The last-mentioned order was won by SAE Towers, a subsidiary of SAE Towers.
The Railways business has secured orders for signaling & telecommunication for Automatic Block Signaling (ABS) system. The business also landed orders for 2x25kV overhead electrification (OHE) and associated works for speed upgradation.
The Civil business has secured orders in the residential and commercial building segments in India, while the Cables business was awarded mandates for various types of cables in India and overseas.
Also read: KEC International Records 30 Per Cent Growth In FY23 Order Inflows
Good traction in orders
According to Vimal Kejriwal, MD & CEO, KEC International Ltd, “We are pleased with the new order wins secured across our business verticals, especially in Railways. In line with Government’s focus on increasing capacity, speed and safety of Indian Railway network, we have forayed in the emerging segment of Automatic Block Signaling (ABS) to increase line capacity through automation. Our Civil business continues to witness an exponential growth trajectory which is reflected in the orders secured. The repeat order in T&D from an existing private developer reaffirms the growth of the India T&D business. We are also witnessing a good traction in the tower supply orders, especially in North America.”
Featured photograph (source: KEC International) is for representation only
