KEC International, the RPG Group EPC major, has announced the winning of new orders worth over Rs.1,500 crore.
In a release, KEC said that it has won orders worth Rs.1,503 across its various business with its core business power T&D clinching the majority.
These new orders have taken the total order inflow in FY22 so far, to over Rs.4,000 crore.
The power T&D business landed orders worth Rs.866 crore for projects spread over India, SAARC countries, Africa and the Americas.
The railway business bagged a series of domestic mandates together valued at Rs.321 crore. The orders included overhead electrification (OHE) for conventional railway projects, as well as those associated with semi high-speed rail and port connectivity. The semi-high speed rail project was for 2x25kV OHE and associated works for speed upgrade, while the port connectivity mandate was placed by an unnamed private operator.
The relatively new civil business of KEC secured projects worth Rs.176 crore in the mining & metals, data centre and FMCG markets.
Also read: KEC International Clinches New Orders Worth Rs.937 Crore
The cables business landed orders, collectively valued at Rs.140 crore, for domestic and overseas projects.
Commenting on the wins, Vimal Kejriwal, MD & CEO, KEC International Ltd, said, “We are pleased with the traction in orders, amidst global upheavals. Our order book continues to grow with orders secured across business verticals. With these orders, our YTD order intake has surpassed Rs. 4,000 crores with a strong growth of over two times vis-à-vis last year. Our Railway business has strengthened its presence with orders in both conventional and new segments. We are also enthused by the diverse orders secured in civil, which further widens our client portfolio.”
