KEC wins Orders of Rs. 3,243 crores in the International T&D business

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 3,243 crores for Transmission & Distribution projects:

- 400 kV Transmission lines in the United Arab Emirates (UAE)
- Supply of towers, hardware and poles in the Americas

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the new order wins in our T&D business, especially our largest ever EPC order till date. This order has further strengthened our presence in the Middle East and substantially expanded our international T&D order book. The Middle East region continues to be a strategic growth driver for us, as reflected in this order and those secured earlier this year. With the above orders, our YTD order intake stands at ~Rs 11,700 crore. These orders will play a key role in driving our targeted growth going forward."

Shares of KEC International Limited was last trading in BSE at Rs. 865.95 as compared to the previous close of Rs. 866.75. The total number of shares traded during the day was 21103 in over 1281 trades.

The stock hit an intraday high of Rs. 878.85 and intraday low of 862.90. The net turnover during the day was Rs. 18343199.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 HeavyElectricalEquipment OrderWin