KEC International wins orders worth $13 M
India: KEC International has reported the winning of new orders worth $13.5 M (Rs.1,123 crore).
Image source: T&D India
India: KEC International has reported the winning of new orders worth $13.5 M (Rs.1,123 crore).
In a release, KEC International said that these new orders were won across its various businesses, including its traditional core business of power T&D EPC contracting.
Commenting on the order wins, Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the new order wins, especially the consistent order inflows in domestic T&D business. These orders along with the orders announced earlier during the year, have significantly enhanced our order book in T&D and diversified our clientele. We are particularly enthused by the order in railways, which further consolidates our leadership in the conventional railway segment. The order in civil has strengthened our presence in the growing hydrocarbon segment. With these orders, our YTD order intake has now surpassed $85.8 M (Rs. 7,000 crore), a robust growth of around 25 % compared to the last year.”
The power T&D business has won two 400 kV GIS substation orders in India, including one digital substation from Power Grid Corporation of India Ltd (PGCIL) and from an industrial developer.
Source: T&D India