KEC International wins Rs 1,010 crore worth orders

KEC International has bagged orders worth Rs 1,010 crore, which were secured evenly from the global market and the domestic sector.

With these projects, the RPG Group company’s overall order book has gone up to Rs 18,000 crore, with 70 per cent of it coming from Transmission & Distribution (T&D) and 26 per cent from the Railways.

In a statement, the company said the remaining four per cent comes from other Strategic Business Units (SBUs), including civil, solar and cable businesses.

Vimal Kejriwal, MD and CEO of KEC International. said, “With the new orders in solar, we are witnessing a gradual revival in the business outlook of the industry.” Of the Rs 1,010 crore, the company’s T&D business secured turnkey orders worth ₹491 crore across India, West Asia and the Americas.

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) company.

Image Credit : static-news.moneycontrol.com

Research Desk

Next Post

IOC to rope in strategic partner for Ennore LNG terminal

Tue Sep 4 , 2018
Public sector Indian Oil Corporation Ltd (IOC) will bring in a strategic partner into Indian Oil LNG Pvt Ltd (IOLPL), which is setting up a 5 mtpa LNG regasification terminal at Kamarajar port at Ennore in Chennai. This is being done to give an exit route to the two banks […]
IOC to rope in strategic partner for Ennore LNG terminal

Categories

Blog Stats