KEC International has won power transmission-related orders valued at over Rs.1500 crore, the RPG Group EPC company said in a release.
KEC said that it has secured new orders valued at Rs.1,560 crore – all related to power transmission – from Power Grid Corporation of India Ltd (PGCIL).
These orders, relating to projects being implemented by PGCIL under the tariff-based competitive bidding (TBCB), include a 765kV transmission line, a 765/400kV AIS substation, and 765kV GIS substations.
- 765kV transmission line
- 765/400 kV AIS substation
- 765kV GIS Substations
These orders have taken KEC International’s cumulative order inflows in FY23 to over Rs.21,000 crore.
Also read:KEC International Wins New Orders Of Rs.1,028 Crore
The uptick in the T&D market
According to Vimal Kejriwal, MD & CEO, KEC International Ltd, “We are pleased with the prestigious orders from PGCIL. These orders along with the orders announced earlier during the year, have significantly enhanced our order book in the domestic T&D market. With the focus of the Government on green hydrogen and renewables, such as solar, we are witnessing an uptick in the domestic T&D market, which had been sluggish for the past few years. With the above orders, our year-to-date order intake stands at an all-time high of over Rs.21,000 crore, a substantial growth of around 30 percent vis-à-vis last year.”
