KEC International Bags ₹1,114 Crores Orders Across Key Infrastructure Sectors
Team Finance Saathi
25/Nov/2024
What's covered under the Article:
- KEC International secures ₹1,114 crores in new orders across T&D, civil, railways, and cables sectors.
- The orders include projects in Oman, Americas, and India, enhancing its global footprint.
- Year-to-date order intake of ₹14,600 crores reflects a 50% growth compared to last year.
KEC International Ltd., a leading global infrastructure EPC major and a part of the RPG Group, has recently secured new orders worth Rs. 1,114 Crores. These orders, spread across its diverse business verticals, will further solidify KEC's position as a global leader in infrastructure development. The company’s success reflects robust growth across Transmission & Distribution (T&D), Civil, Railways, and Cables sectors.
Transmission & Distribution Orders
KEC International has successfully secured several T&D projects in international markets, particularly in the Middle East and the Americas. One of the key orders includes a 400 kV transmission line project in Oman, marking another significant achievement in the region. Along with this, orders for supply of towers, hardware, and poles in the Americas will further expand KEC's footprint in these rapidly growing markets.
Civil Orders
On the Civil front, KEC International has made notable strides in securing industrial segment orders in India. This marks a significant diversification of its customer base, as it adds reputed clients in the industrial sector to its roster. These civil projects will support the company’s efforts in providing end-to-end infrastructure solutions across key industries in India.
Railways Orders
The company has also secured a Metro Overhead Electrification (OHE) order for metros in India, particularly in the technologically enabled segment. This is seen as a key area of focus for KEC, as urban infrastructure, particularly metro systems, continues to expand rapidly across India. The metro OHE order aligns with KEC’s goal to enhance its capabilities in this high-demand segment.
Cables Orders
Additionally, KEC’s Cables business has seen growth, with orders for the supply of various types of cables being secured both within India and overseas. This further highlights KEC’s strong global presence and its ability to meet the growing demand for infrastructure development in the power and construction sectors.
Mr. Vimal Kejriwal, the Managing Director & CEO of KEC International, expressed his satisfaction with the orders secured across these business verticals. He emphasized the importance of the Oman transmission project, which, together with prior orders from Saudi Arabia and the UAE, has strengthened KEC's leadership position in the Middle East. The Railway and Civil business orders further bolster the company’s diversified portfolio.
With the new orders, KEC's Year-to-Date (YTD) order intake has reached approximately Rs. 14,600 Crores, reflecting a 50% growth compared to the previous year. This continued growth reinforces KEC International’s position as one of the foremost EPC players in the global infrastructure sector.
The company’s ability to secure such large-scale projects underscores its expertise in infrastructure engineering, procurement, and construction (EPC), which spans Transmission & Distribution, Railways, Urban Infrastructure, Renewables, Oil & Gas Pipelines, and Cables.
KEC International's consistent performance in securing large-scale orders also highlights the increasing demand for infrastructure solutions globally. As the company executes projects in over 30 countries and has a footprint in 110+ countries, its robust order book ensures continued growth and success in the coming years.
As KEC International moves forward with these new orders, it continues to invest in expanding its capabilities and increasing its market presence, particularly in emerging markets where infrastructure development is a top priority.
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