The projects include the design, supply, and installation of 765 kV transmission lines and GIS substations, further bolstering KEC’s leadership in the T&D sector.
“The company has secured prestigious turnkey orders of Rs 1,704 crores in its Transmission & Distribution (T&D) business for Design, Supply and Installation of 765 kV Transmission Lines and GIS substations from Power Grid Corporation of India Limited (PGCIL),” KEC International said a regulatory filing.
Also Read: Never seen such strong ordering activity in the sector: KEC International CEO
Vimal Kejriwal, MD and CEO of KEC International said, “We are delighted with the continuous inflow of orders, especially in our T&D business. These 765 kV orders from PGCIL have further strengthened our India T&D order book, reaffirming our confidence in the continued strong growth of this business.
With these orders, our YTD order intake now stands at ₹
. 16,300 crores, reflecting an impressive growth of over 60% compared to last year.”
This week, KEC International said it has secured new orders worth ₹1,114 crore across its transmission & distribution (T&D), civil, railways, and cables segments.
Also Read: KEC International Q2 Results | Net profit surges 53% to ₹85 crore, revenue up 14% to ₹5,113 crore
The T&D business received orders for a 400 kV transmission line project in Oman and the supply of towers, hardware, and poles in the Americas. The civil division won contracts in the industrial segment within India.
In the railways segment, the company secured a contract for Metro Overhead Electrification (OHE) works in India, leveraging advanced technology. Additionally, the cable business obtained orders to supply various cable types to clients in India and overseas.
Shares of KEC International Ltd ended at ₹1,018.70, down by ₹5.05, or 0.49% on the BSE.
Also Read: KEC International has now won nearly 70% of the total orders it received in FY24
