Engineering firm KEC International Ltd on Monday (October 16) said it has secured new orders amounting to ₹1,315 crore across its diverse business verticals.
NSE
In the transmission and distribution (T&D) sector, KEC International has landed a series of notable projects spanning India, the Middle East, Australia, and the Americas.
These projects include the installation of a 765 kV Transmission line and a 765 kV AIS Substation in India, commissioned by the Power Grid Corporation of India Ltd (PGCIL).
Additionally, the company will supply transmission towers in the Middle East, Australia, and the Americas, along with hardware and poles in the Americas, further bolstering its presence in these regions, KEC International Ltd said.
Simultaneously, KEC International's cables business segment has secured substantial orders for the supply of various types of cables, both within India and overseas.
Vimal Kejriwal, Managing Director and CEO of KEC International, said, "We are delighted with the new order wins, particularly the orders from PGCIL in Rajasthan. These orders have significantly enhanced our India T&D order book. We are also enthused by the tower supply order from Australia, which is a testament to our dedicated focus on expanding and diversifying the tower sales business geographically. In a noteworthy achievement, our tower supply business footprint now extends across six continents."
Shares of KEC International Ltd ended at ₹653, down by ₹1.60, or 0.24%, on the BSE.
(Edited by : Shoma Bhattacharjee)