KEC International Secures Rs. 1,422 Crores in New T&D Orders
KEC International secures new T&D orders worth Rs. 1,422 crores from Power Grid Corporation of India Limited and for substation structures in the USA, enhancing its year-to-date intake and global infrastructure capabilities.
by Damodharan N
Updated Jul 25, 2024
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KEC International Ltd., a major player in global infrastructure and part of the RPG Group, has announced a significant achievement with new orders valued at Rs. 1,422 crores for Transmission & Distribution (T&D) projects.
The new contracts include:
- 765 kV and 400 kV Transmission Line Orders in India, awarded by Power Grid Corporation of India Limited (PGCIL). These high-voltage transmission lines will enhance the power grid's efficiency and reliability across the country.
- Supply of Substation Structures in the United States of America. This order involves providing essential substation structures, which will support the USA's electrical infrastructure.
Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed his satisfaction with these new orders. He noted that the company’s T&D segment continues to perform well, particularly with the prestigious orders from PGCIL in India and a major contract for substation structures in the USA.
These new orders bring KEC’s year-to-date (YTD) order intake to over Rs. 7,500 crores, marking a remarkable growth of over 70% compared to last year.
These contracts are expected to make a substantial contribution to KEC's growth targets in the coming years. The completion dates for these contracts were not specified, but the company aims to advance its capabilities and meet the demands efficiently.
Source: Here
KEC International
KEC International Limited, based in Mumbai and part of the RPG Group, is a leading USD 2.4 billion engineering, procurement, and construction (EPC) company. It operates in various sectors including power transmission and distribution, railways, civil infrastructure, solar, and oil and gas pipelines.
With a presence in over 105 countries, KEC International has a strong global footprint and extensive manufacturing capabilities in India, Dubai, Brazil, and Mexico. Known for its robust project management and execution skills, the company excels in delivering projects in challenging terrains.
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KEC International Secures Rs. 1,422 Crores in New T&D Orders - FAQs
1. What is the total value of the new T&D orders secured by KEC International?
The total value of the new T&D orders secured by KEC International is Rs. 1,422 crores.
2. . Which company awarded the 765 kV and 400 kV transmission line orders in India?
The 765 kV and 400 kV transmission line orders in India were awarded by Power Grid Corporation of India Limited (PGCIL).
3. What will be the purpose of the 765 kV and 400 kV transmission lines in India?
The 765 kV and 400 kV transmission lines will enhance the efficiency and reliability of India’s power grid.
4. What type of order was secured for the United States?
KEC International secured an order for the supply of substation structures in the United States.
5. How will the substation structures supplied to the USA be used?
The substation structures will support the electrical infrastructure in the USA.
6. What is the significance of these new orders for KEC International’s year-to-date performance?
These new orders have contributed to KEC International’s year-to-date order intake surpassing Rs. 7,500 crores, representing a growth of over 70% compared to the previous year.
7. What does KEC International aim to achieve with these new contracts?
KEC International aims to advance its capabilities and meet demands efficiently, contributing to its growth targets.
8. What was the role of Mr. Vimal Kejriwal in the announcement?
Mr. Vimal Kejriwal, MD & CEO of KEC International, expressed satisfaction with the new orders and highlighted their impact on the company’s growth and performance.
9. What is the completion date for the new T&D contracts?
The completion dates for these contracts were not specified in the announcement.
10. How does securing these contracts benefit KEC International’s global operations?
Securing these contracts enhances KEC International’s global infrastructure capabilities and strengthens its position in both domestic and international markets.
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