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KEC International, an RPG Group company, has bagged orders worth Rs 400 crore. The company's wholly-owned subsidiary, SAE Towers, secured orders for tower supply in North America and South America valued at Rs 150 crore. KEC received three domestic orders totalling Rs 200 crore for transmission lines from CESC, DB Power and the Punjab State Transmission Corporation.
KEC has also obtained Rs 50 crore worth orders for power and telecom cables. “We are seeing good order inflow in the transmission business and have secured over Rs 1,000 crore orders in this vertical during current financial year so far. SAE Towers continues to deliver good order inflow and its order book currently stands at Rs 968 crore as compared to Rs 550 crore at the time of acquisition in September 2010.” said Mr Ramesh Chandak, Managing Director and Chief Executive Officer, KEC International.
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