MUMBAI: KEC International (KEC), the flagship company of the RPG Group, today said it has won new orders worth Rs 147 crore in its emerging businesses - water and railways.
In the water business, the company has secured three new orders for construction of canals for irrigation projects in Gujarat and Madhya Pradesh worth Rs 98 crore, the global infrastructure engineering, procurement and construction ( EPC) major said in a release issued here.
With this addition, the order book of this business has increased to Rs 178 crore.
In the railway business, the company secured an order for supply of railway track materials, tools and railway signalling equipment worth Rs 49 crore from the Kenya Railway Corporation. With this, the order book of this business has touched Rs 400 crore.
"We are delighted to secure these orders in our emerging businesses - water and railways. We see large opportunities in both these businesses. We started our Water business early this year and today we have total order book of Rs 178 crore," KEC International Managing Director and CEO Ramesh Chandak said in a release issued here.
In addition to this, the company is leveraging its strong international presence in T&D business for its emerging businesses, he said.
"This is the second international order in the railway business. Last year, we secured a railway order from Malaysia," he said.
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Showing posts with label KEC International. Show all posts
Showing posts with label KEC International. Show all posts
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KEC International bags Rs 550-cr orders from India, Brazil
NEW DELHI: RPG Group company KEC International today said it has bagged orders worth Rs 550 crore from India and Brazil for the construction of transmission network.
"The company has secured a turnkey contract for construction of transmission lines from Maharashtra State Electricity Transmission Company Ltd (Mahatransco)," KEC International said in a statement.
Total order value is Rs 367 crore and the completion period is 18 months, the statement said.
SAE Towers, the wholly-owned subsidiary of KEC International has secured Rs 183 crore tower supply order in Brazil.
"We are seeing huge demand for transmission towers in American markets, KEC and SAE Towers have secured total Rs 1,350 crore tower supply orders post acquisition," Ramesh Chandak, MD and CEO, KEC International said.
Shares of KEC International were trading at Rs 88.80 in the afternoon trade on the Bombay Stock Exchange today, up 3.32 per cent from its previous close.
"The company has secured a turnkey contract for construction of transmission lines from Maharashtra State Electricity Transmission Company Ltd (Mahatransco)," KEC International said in a statement.
Total order value is Rs 367 crore and the completion period is 18 months, the statement said.
SAE Towers, the wholly-owned subsidiary of KEC International has secured Rs 183 crore tower supply order in Brazil.
"We are seeing huge demand for transmission towers in American markets, KEC and SAE Towers have secured total Rs 1,350 crore tower supply orders post acquisition," Ramesh Chandak, MD and CEO, KEC International said.
Shares of KEC International were trading at Rs 88.80 in the afternoon trade on the Bombay Stock Exchange today, up 3.32 per cent from its previous close.
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