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KEC International Secures Contracts Worth Rs 816 Crore
KEC International Secures Contracts Worth Rs 816 Crore

KEC International Secures Contracts Worth Rs 816 Crore

  • 05-Apr-2024 11:15 AM
  • Journalist: Patrick Knight

KEC International Ltd, a distinguished global player in infrastructure Engineering, Procurement, and Construction (EPC), unveiled on Wednesday its acquisition of new orders totaling Rs 816 crore, spanning a multitude of business sectors. Within its Civil segment, the company triumphantly clinched contracts for infrastructure projects spanning the length and breadth of India. Simultaneously, in the metals and mining domain, KEC International secured contracts for the establishment of a steel plant in northern India. Further diversifying its portfolio, the company secured an order in the cement sector for the construction of a cement plant in Central India. Additionally, within the domain of Carbon Black business, KEC International received an order for the establishment of a plant dedicated to carbon derivatives in eastern India.

Under the Transmission & Distribution (T&D) segment, KEC International made significant strides by securing orders for the supply of towers in the United States of America. Meanwhile, within its Cables business vertical, the company demonstrated its prowess by garnering orders for the supply of various cable types, both domestically and internationally.

Mr. Vimal Kejriwal, the Managing Director & CEO of KEC International Ltd, expressed his contentment with the recent order acquisitions, particularly emphasizing the prestigious contracts obtained within the Civil business sector. He underscored the commendable progress achieved by the Civil business, highlighting its expansion into the industrial segment through the acquisition of multiple orders for the establishment of manufacturing facilities across India. Furthermore, Mr. Kejriwal underscored the company's success in broadening its customer base by attracting highly reputable clients. With the total order intake for FY24 soaring to Rs. 18,102 crores, KEC International stands poised with unwavering confidence in achieving its targeted growth trajectory in the foreseeable future.

KEC International operates as a preeminent global infrastructure EPC major with a diversified presence across various verticals, including Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Oil & Gas Pipelines, and Cables. The company actively participates in executing infrastructure projects in over 30 nations, thereby consolidating its presence in more than 110 countries. Its involvement spans across various areas including Engineering, Procurement, and Construction (EPC), as well as the supply of Towers and Cables. Serving as the flagship entity of the RPG Group, KEC International aligns with the conglomerate's commitment to diverse business interests spanning Infrastructure, Tyres, Pharma, IT, Specialty, and emerging innovation-led technology ventures. Established in 1979, RPG Enterprises stands as a beacon of success, boasting a turnover of US$ 4.4 Billion and earning recognition as one of India’s fastest-growing business groups.

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