KEC International has won significant orders for power transmission lines in the Middle East. These form part of a diversified set of mandates aggregating Rs.1,407 crore that KEC announced in an official release.
These new orders have taken the cumulative order inflows in FY23 so far to over Rs.8,400 crore that is 50 per cent higher than the comparable level in FY22.
Commenting on the new orders, Vimal Kejriwal, MD & CEO, KEC International Ltd said, “We are pleased with the continuous order inflows across businesses. Our YTD order intake now stands at around Rs. 8,400 crore, with a robust growth of 50 per cent vis-à-vis last year. The orders in Middle East consolidate our presence in the region and significantly expand our T&D order book, particularly in the international market. The large order in Civil has enhanced our presence in the growing public spaces segment and further diversified our clientele. We are also enthused by the second Railway order in the TCAS segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology. These orders along with the orders announced earlier, reaffirm our confidence in achieving the targeted growth going forward.”
Also read KEC International Wins New Orders Worth Over Rs.1,100 Crore
New orders
The orders won by the Power T&D business in the Middle East included 400kV transmission lines that will form part of the Kuwait-Saudi Arabia Interconnection Project. The business will also build a 380kV transmission line in Saudi Arabia.
The Civil business has secured an order for the construction of official quarters and associated facilities for senior Government officials in India, while the Railways division has secured an order for Signaling & Telecommunication works of Train Collision Avoidance System (TCAS) under ‘Kavach’ in consortium in India. The Cables business has clinched orders for various types of cables in India and overseas.
Featured photograph (source: KEC International) shows a transmission line built by KEC in Jordan.
