HomeLatestKEC International clinches new orders price Rs 3,023 crore

KEC International clinches new orders price Rs 3,023 crore

Mumbai (Maharashtra) [India], February 18 (ANI): RPG Group agency KEC International has mentioned it has secured new orders of Rs 3,023 crore throughout its varied companies — civil, transmission and distribution, and cables.

According to an organization assertion shared with exchanges, its civil enterprise has secured orders for executing infra works within the water pipeline and industrial constructing segments in India.

In the transmission and distribution phase, the enterprise has secured orders for TD tasks within the Americas. In the enterprise of Cables, it has secured orders for varied varieties of cables in India and abroad, the corporate mentioned within the assertion launched on Friday night.

Vimal Kejriwal, Managing Director and Chief Executive Officer, KEC International, commented, “We are pleased with the size of new order wins, especially the orders in the water pipeline segment including our single largest order till date. We are now executing 10 prestigious projects in this segment with an overall project value of over Rs 5,000 crore, under the Jal Jeevan Mission of the government.”Kejriwal mentioned the civil enterprise additionally diversified its presence with a maiden order within the industrial constructing phase, from a reputed worldwide actual property developer.

With the above orders, the CEO mentioned their year-to-date (YTD) order consumption stands at a file degree of over Rs 18,500 crore, a strong progress of over 30 per cent vis-a-vis final 12 months. “These orders will significantly contribute towards our targeted growth going forward,” he added.

According to the corporate’s assertion, KEC International is a worldwide infrastructure EPC main. It has a presence within the verticals of energy transmission and distribution, railways, civil, city infrastructure, photo voltaic, good infrastructure, oil and gasoline pipelines, and cables. It mentioned it was presently executing infrastructure tasks in over 30 international locations and has a footprint in over 110 international locations. It mentioned it was the flagship firm of the RPG Group. (ANI)

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