KEC International Secures Rs 1,754 Crores in New Orders, Driven by Tower Supply in the Americas
KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, has secured new orders totaling Rs 1,754 crores across various business segments. The wins cover specialized transmission line tower supply in the Americas as well as orders for cables and conductors in international and Indian markets.The significant order intake reflects KEC International’s growing momentum, particularly within the power infrastructure sector. The business secured major contracts for supplying high voltage transmission line towers for projects spanning the American market. Additionally, various orders related to cables and conductors were secured across both India and key international destinations.
Commenting on the developments, Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., stated that the company is delighted with the new order wins, noting the strategic importance of the tower supply business. He highlighted that repeat orders from customers in the Americas, including what he termed the largest ever tower supply order from the USA, underscore the expanding T&D market momentum in America. These additions reinforce KEC International's commitment to strengthening its global tower sales presence. Mr. Kejriwal further noted that these new contracts bring the year-to-date (YTD) order intake for the company to over Rs 4,000 crore.
KEC International is a comprehensive global infrastructure Engineering, Procurement and Construction (EPC) major. The company operates across verticals including Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables & Conductors. With a vast footprint extending into more than 110 countries, KEC offers EPC services alongside the supply of towers and cables globally.
KEC International is part of the RPG Group, which is one of India's fastest-growing business groups. The RPG Enterprise portfolio includes diverse interests in Infrastructure, Tyres, Pharma, IT, Specialty areas, and emerging innovation-led technology businesses, with a group turnover amounting to US$ 5.2 Billion.
KEC Stock Price Movement
On Monday, KEC International Limited shares shed 2.73%, settling at ₹515.40 after falling by ₹14.40 from the previous close. The stock experienced intraday volatility, hitting a low of ₹511.35 and logging a traded volume of 3.44 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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