KEC International wins T&D orders of Rs 14.23 billion
06 Sep 2024
2 Min Read
CW Team
KEC International, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs 14.23 billion for design, supply and installation of 380 kV transmission lines in Saudi Arabia.
Vimal Kejriwal, MD and CEO, KEC International commented, 鈥淲e are happy with the continuous inflow of orders, especially in our T&D business. These orders in Saudi Arabia along with the earlier orders in UAE and Oman have further reinforced our leadership in the Middle East and substantially enhanced our international T&D order book. With these orders, our YTD order intake stands at over Rs 113 billion, an impressive growth of ~75 percent compared to last year.
KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has presence in the verticals of power transmission and distribution, civil, railways, urban infrastructure, renewables, oil and gas pipelines and cables. The company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (includes EPC, supply of towers and cables). It is the flagship company of the RPG Group.
RPG Enterprises, established in 1979, is one of India鈥檚 fastest-growing business groups with a turnover of US$ 4.8 billion. The group has diverse business interests in infrastructure, tyres, pharma, IT and specialty as well as in emerging innovation-led technology businesses.
KEC International, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs 14.23 billion for design, supply and installation of 380 kV transmission lines in Saudi Arabia.Vimal Kejriwal, MD and CEO, KEC International commented, 鈥淲e are happy with the continuous inflow of orders, especially in our T&D business. These orders in Saudi Arabia along with the earlier orders in UAE and Oman have further reinforced our leadership in the Middle East and substantially enhanced our international T&D order book. With these orders, our YTD order intake stands at over Rs 113 billion, an impressive growth of ~75 percent compared to last year.KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has presence in the verticals of power transmission and distribution, civil, railways, urban infrastructure, renewables, oil and gas pipelines and cables. The company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (includes EPC, supply of towers and cables). It is the flagship company of the RPG Group.RPG Enterprises, established in 1979, is one of India鈥檚 fastest-growing business groups with a turnover of US$ 4.8 billion. The group has diverse business interests in infrastructure, tyres, pharma, IT and specialty as well as in emerging innovation-led technology businesses.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
