Thursday 14 November 2013

Order win worth Rs 568 crore powers KEC International

KEC International, a global infrastructure EPC major, has secured new orders worth Rs 568 crore in its Transmission and Cables businesses. Under Cables business, the company has secured orders for the supply of Power and Telecom Cables. The total value of orders is Rs 75 crore.

Under Transmission business, the company has secured orders in India, Bangladesh and Americas amounting to Rs 493 crore. In India, the company has secured two orders involving supply and erection of 765 kV and 400 kV transmission lines in the state of Rajasthan and Haryana under the Northern Region System Strengthening Scheme (XXV) on turnkey basis. The orders are secured from the Power Grid Corporation of India (PGCIL) and the total value of orders is Rs 314 crore.

Besides, SAE Towers, the wholly owned subsidiary of the company has secured orders worth Rs 130 crore for supply of lattice towers, monopoles and hardware from United States, Brazil and Mexico. In Bangladesh the order is involving supply and erection of 132 kV transmission lines on turnkey basis. The order is secured from the Power Grid Company of Bangladesh (PGCB) and is valued at Rs 27 crore while in Saudi Arabia, it has secured an additional order from its existing project in the country. The order value is Rs 22 crore.

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