KEC International Secures New Railway Orders Of Rs 1,769 Crore

KEC International Secures New Railway Orders Of Rs 1,769 Crore

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Date Of Post: 07 Feb, 2018

Mumbai: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 2,035 crore across its businesses.

Railways:

The Railways Business has secured three composite orders aggregating to Rs. 1,769 crore for tripling of railway lines, including laying of tracks, civil engineering, electrification, signalling and telecommunication works, in North and East India.

Transmission & Distribution:

The T&D business has secured an order of Rs. 161 crore for turnkey construction of 132 kV and 220 kV Transmission Lines in West Bengal.

Civil:

The Civil Business has secured an order of Rs.30 crore for the construction of residential buildings and workshop for a Metals & Mining company.

Cables:

The Cables Business has received orders of Rs.63 crore for various types of Cables.

Solar:

The Solar Business has received orders of Rs.12 crore for the construction of rooftop and ground-mount PV Systems.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with the new orders received, especially from Railways. The increased capital outlays for capacity creation in Railways announced in the 2018 Union Budget augurs well for the business and we see it as a major growth driver in the coming years. These new orders and a strong L1 pipeline gives us confidence to achieve our growth targets.”


Source: Kec International

Image Credit: Kec International

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