Rs 13.73 billion new orders secured by KEC International
POWER & RENEWABLE ENERGY

Rs 13.73 billion new orders secured by KEC International

KEC International Ltd., a prominent global infrastructure EPC major and a subsidiary of the RPG Group, has recently announced the acquisition of new orders worth Rs 13.73 billion spanning across its diverse business verticals. The Railways business of KEC International has successfully secured orders in both the technologically enabled and conventional/emerging segments in India. The orders encompass the Signalling & Telecommunication requirements for the Automatic Block Signalling (ABS) system. Additionally, the company has also obtained orders for the implementation of 2 x 25 kV Overhead Electrification (OHE) and associated works, aimed at enhancing speed capabilities.

In the civil business segment, KEC International has secured orders within the residential and commercial building sectors in India, reflecting the steady growth trajectory of the company in these domains. The Transmission & Distribution (T&D) business of KEC International has achieved significant milestones with orders for T&D projects in India and the Americas. These orders include a 400 kV transmission line project in India, supply of towers in India and the United States of America, and the supply of towers, hardware, and poles in the Americas, secured through their subsidiary, SAE Towers. Moreover, the cables business of KEC International has also received orders for various types of cables from both domestic and international markets.

Expressing his satisfaction with the new order wins, Vimal Kejriwal, MD & CEO of KEC International Ltd., highlighted the company's success in the railways sector, particularly in the emerging ABS segment, aimed at increasing line capacity through automation. Kejriwal also emphasised the substantial growth in the civil business, along with the reaffirmation of the India T&D business through a repeat order from an existing private developer. The CEO further noted the positive momentum in tower supply orders, particularly in North America.

KEC International Ltd., a prominent global infrastructure EPC major and a subsidiary of the RPG Group, has recently announced the acquisition of new orders worth Rs 13.73 billion spanning across its diverse business verticals. The Railways business of KEC International has successfully secured orders in both the technologically enabled and conventional/emerging segments in India. The orders encompass the Signalling & Telecommunication requirements for the Automatic Block Signalling (ABS) system. Additionally, the company has also obtained orders for the implementation of 2 x 25 kV Overhead Electrification (OHE) and associated works, aimed at enhancing speed capabilities.In the civil business segment, KEC International has secured orders within the residential and commercial building sectors in India, reflecting the steady growth trajectory of the company in these domains. The Transmission & Distribution (T&D) business of KEC International has achieved significant milestones with orders for T&D projects in India and the Americas. These orders include a 400 kV transmission line project in India, supply of towers in India and the United States of America, and the supply of towers, hardware, and poles in the Americas, secured through their subsidiary, SAE Towers. Moreover, the cables business of KEC International has also received orders for various types of cables from both domestic and international markets.Expressing his satisfaction with the new order wins, Vimal Kejriwal, MD & CEO of KEC International Ltd., highlighted the company's success in the railways sector, particularly in the emerging ABS segment, aimed at increasing line capacity through automation. Kejriwal also emphasised the substantial growth in the civil business, along with the reaffirmation of the India T&D business through a repeat order from an existing private developer. The CEO further noted the positive momentum in tower supply orders, particularly in North America.

Next Story
Infrastructure Urban

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Next Story
Infrastructure Urban

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Next Story
Infrastructure Urban

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000