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KEC International wins new contracts

2019-12-06

KEC International, a global infrastructure EPC major, has secured new orders of Rs 10.25 billion across its various businesses. In transmission and distribution, the company has secured orders of Rs 7.50 billion. These include 765 kV GIS substation order from a Power Grid Corporation of India (PGCIL) entity under Tariff Based Competitive Bidding (TBCB) route in Western India; 400 kV transmission line and 400 kV GIS substation orders from Tamil Nadu Transmission Corporation (TANTRANSCO) in southern India; and 400 kV transmission line order from a private player in eastern India.

In Railways, the business has secured orders of Rs 1.25 billion in India which include: signalling and telecommunication works from Rail Vikas Nigam (RVNL) in Eastern India, overhead electrification and associated civil works from Central Organisation for Railway Electrification (CORE) in northern India. In cables, the business has secured orders of Rs 1.50 billion for various types of cables/cabling projects. On the new contracts, Vimal Kejriwal, Managing Director and CEO, KEC International commented, ?We are pleased with the new order wins, especially in our core T&D business. Our order book in India continues to grow, despite the general headwinds in the country. These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth.?