KEC International, an RPG Group Company, has announced securing new orders worth ₹1,050 crores across its diverse business segments. These include a maiden order in the Wind Energy sector, a significant Civil project, and orders for supply of towers and cables in Americas and India. This strengthens the company’s order book and aligns with its growth targets.
Significant New Order Wins
KEC International Ltd. has secured new orders totaling ₹1,050 crores, demonstrating robust performance across various business verticals.
Renewables Sector Breakthrough
The company has achieved a breakthrough with its first order in the Renewables sector, specifically for a 100+ MW Wind Project Balance of Plant (BoP) package located in Southern India. This marks KEC’s entry into the fast-growing renewable energy market.
Civil Infrastructure Project Secured
KEC International has also secured a Buildings & Factories (B&F) order from an existing client. This project involves downstream work in Western India for a major steel player, reinforcing the company’s presence in the civil construction segment.
Transmission & Distribution Orders
The company’s Transmission & Distribution (T&D) business has secured orders for the supply of towers, hardware, and poles in the Americas, bolstering its international presence.
Cables & Conductors Business
The Cables & Conductors segment has secured orders for the supply of various types of cables and conductors both in India and in overseas markets, ensuring continued growth in this sector.
Management Commentary
Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., stated, “We are pleased with the new order wins…Our Civil business continues to strengthen its presence…Our subsidiary, SAE Towers, has secured significant tower supply orders in Mexico…With these wins, our year-to-date order intake stands at ~Rs 19,300 crore.”
Source: BSE