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KEC International Secures Rs 1004 Cr Orders in All Verticals

March 22, 2024 | by indiatoday360.com

KEC International, a leading Engineering, Procurement and Construction (EPC) major from the RPG Group, has announced a significant order win securing projects worth Rs 1,004 crore across its diverse business verticals.expand_more This news builds on the company’s impressive performance, as their year-to-date (YTD) order book has already surpassed a staggering Rs 17,500 crore, exceeding their previous record of Rs 5,500 crore.

Diversified Wins Showcase KEC’s Strength

The recent order influx underscores KEC International’s expertise and reach across various infrastructure sectors. Here’s a detailed breakdown of the new contracts:

  • Transmission & Distribution (T&D): KEC bagged a composite order for constructing transmission lines, substations, and underground cabling projects in India.expand_more Additionally, they secured contracts to supply towers, hardware, and poles for projects in the Americas , the T&D segment order value stands at around Rs 760 crore, with contributions from India, the US, Brazil, Mexico, and Kuwait
  • Railways: The company secured an order for the crucial 2 x 25 kV Overhead Electrification (OHE) project in India, aimed at enhancing railway speeds.expand_more This project win strengthens KEC’s position in the fast-growing railway infrastructure development sector.
  • Civil: KEC’s civil business vertical landed a project for a residential complex from a prominent real estate developer in India. This segment win highlights the company’s ability to diversify its offerings beyond traditional EPC projectsl.
  • Cables: The cables business segment secured orders for supplying conductors and cables within India. This segment’s win marks a significant milestone with a landmark first-time order for supplying power transmission conductors (ACSR and AL-59) to a government utility. This strategic move aligns with KEC’s backward integration strategy, allowing them to capitalize on the growing demand for power transmission conductors globally .

Strategic Expansion and Continued Growth

KEC International’s recent order wins strategically expand their project portfolio across various infrastructure segments. This not only strengthens their current order book but also positions them for sustainable growth in the future. Vimal Kejriwal, MD & CEO of KEC International, expressed his satisfaction with the new order wins, particularly highlighting the breakthrough order for supplying power transmission conductors. This accomplishment aligns with their strategy of backward integration and capitalizing on opportunities within the continuously growing demand for power transmission conductors globally.

KEC International’s ability to secure contracts in both domestic and international markets further demonstrates their adaptability and strong market presence. With a robust YTD order book and a diversified project portfolio, the company is well-positioned to capitalize on the growing infrastructure development opportunities in India and abroad.

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