Wednesday, 11 September 2013

KEC International bags orders worth Rs 1,004 crore

KEC International, a global infrastructure EPC major, has secured new orders worth Rs 1,004 crore in its Transmission, Cables, Telecom and Power Systems Cables businesses.

Under Transmission business, the company has secured orders in India (Tamil Nadu and Andhra Pradesh), America and Kuwait amounting to Rs 760 crore. In state of Tamil Nadu, the company received two orders consisting supply and erection of 400 kV transmission lines between the Anikadavu-Thappagundu 400 kV proposed substations and between the Anikadavu -Rasipalayam 400 kV proposed substations on turnkey basis. The orders are secured from the Tamil Nadu Transmission Corporation and the total value of orders is Rs 314 crore. In Andhra Pradesh, the company has received order for supply and erection of 400 kV transmission line between Kamavarapukota-Chinnakorukondi substations on turnkey basis. The order is secured from the Transmission Corporation of Andhra Pradesh and is valued at Rs 271 crore.

On international front, the company’s wholly owned subsidiary - SAE Towers, has secured orders for the supply of lattice towers, monopoles and hardware from United States, Brazil and Mexico. The total value of orders is Rs 147 crore. In Kuwait the company has received order for design, supply and erection of Gantry at Az Zour substation on turnkey basis. The order value is Rs 28 crore.

Under Cables Division, the company has secured orders worth Rs 98 crore for supply of Power and Telecom Cables, while under Telecom Division the company has secured an order for supply and installation of OPGW cable and associated hardware on turnkey basis in Maharashtra. The orders are secured from the Maharashtra Transmission Communication Infrastructure. The order value is Rs 90 crore.

Under Power Systems Business, the company has secured an order worth Rs 56 crore for establishment of 138 kV substations on turnkey basis under the Matanao-Gensan transmission line project and the Mindanao substation expansion project 2 in Philippines. The order is secured from the National Grid Corporation of the Philippines (NGCP).

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