DELHI (Metro Rail News): KEC International, an RPG Group company, has secured new orders of Rs 945 crores across its various businesses:
The business has secured orders for Transmission & Distribution (T&D) and Cabling projects in India, SAARC, the Middle East, and America which includes a 765 kV GIS Substation order in India, from Power Grid Corporation of India Limited (PGCIL), under Tariff Based Competitive Bidding (TBCB) route and 100 kV Underground cabling project in India.
The business has won an order for setting up of a power supply system for railways, including receiving substation, high voltage cabling and associated civil works, from Delhi Metro Rail Corporation (DMRC). KEC has also secured orders for several types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International, said, “We are delighted with our new order wins, especially the prestigious substation order in the Green Energy Corridor from PGCIL. We are witnessing a gradual revival in the domestic T&D market, which had been sluggish for past few quarters. Our Railway business continues to strengthen its presence in the technologically enabled areas of metros. With these orders, our total order inflow for FY22 stands at an all-time high of Rs 17,202 crores, a robust growth of ~45% in last year.”