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KEC International Ltd belonging to the RPG Group has secured new orders worth Rs 612 crore in transmission, power systems, cables and water businesses.
Bulk of the orders was for transmission business both within and outside the country. It has got an order for Rs 210 crore from Power Grid Corporation of India Ltd for erection of single circuit transmission lines between Meerut in Uttar Pradesh and Monga in Punjab on turnkey basis. KEC International claimed that so far in this financial year it had nearly 28 per cent share in PGCIL’s transmission line contracts.
KECIL’s wholly owned subsidiary SAE Towers has won orders for supply of lattice towers in Brazil, Mexico and the US valued Rs 224 crore.
In Uganda, it has secured an order worth Rs 53 crore for design and construction of distribution lines.
The orders for supply of power and telecom cables were estimated to be Rs 81 crore and order for water system civil works for thermal power project of NTPC in Solapur in Maharashtra was worth Rs 44 crore.
On Monday, the KEC stock was trading up 2.73 per cent at Rs 67.85 on the BSE in morning trade.
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