Mumbai, December 27, 2010: , KEC International Ltd. (KEC), a global leader in power transmission EPC business & leading Infrastructure EPC Company has won new orders to the tune of Rs.1,018 crore.
In the Transmission Segment,, the Company has secured 3 orders for 765 kV transmission lines construction. The orders are from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPN, India), Power Grid Corporation of India (PGCIL, India) and Eskom (South Africa).
The RRVPN order is for construction of 765 kV Transmission line between Anta (Baran) - Phagi (Jaipur) on turnkey basis. This is the 1st 765KV transmission line being constructed by any state utility in India. Total order value is Rs. 313 crore.
The PGCIL order is for the supply & construction of 765 kV single circuit transmission line between Angul - Jharsuguda Pooling Station (Jharsuguda end) associated with transmission system strengthening of Phase–I Generation Projects in Orissa. Total order value is Rs. 130 crore.
The Eskom order is for construction of 765 kV transmission line between Gamma – Kappa on turnkey basis in South Africa. Total order value is Rs. 97 crore.
In addition to above, KEC’s wholly owned subsidiary SAE Towers has secured Rs. 246 crore supply orders in Americas. This represents Transmission Tower orders from U.S., Canada, Mexico, Brazil, Argentina worth Rs.208 crore and Transmission line related Hardwares orders from Brazil worth Rs.38 crore.
In the Railway segment, the Company has secured various orders for civil works from Indian Railways worth Rs. 97 crore.
In the Cable segment, the Company has secured supply orders for Telecom Cables, Low Tension, High Tension and Extra High Voltage Power Cables from various customers worth Rs. 135 crore.
With these new orders and execution up to last month, the company’s order book stands at its highest ever, Rs. 7400 crore.
“We are happy to see continuous order flow from our most of the business segments. This quarter has been very good for our order book. With these above orders, our total order intake for the quarter reaches to approx. Rs. 2400 crore” said Mr. Ramesh Chandak, MD & CEO, KEC International Ltd.
KEC International, established in 1945, is one of the leading players in the Infrastructure Engineering, Procurement and Construction (EPC) space. The Company has a significant presence in the segments of Power Transmission, Power Distribution, Railways, Telecom and Manufacturing of Cables & Towers. The company has made an indelible mark on the world map by powering infrastructure development in over 45 countries across South Asia, Middle East, Africa and Central Asia & Americas. The Company is Flagship Company of the RPG Group and has annual turnover of Rs.4,000 crore.
RPG Enterprises, established in 1979, is one of India’s fastest growing business groups with a turnover touching Rs.17,000 crore. The group has more than sixteen companies managing diverse business interests in the areas of Power, Tyre, Infrastructure, IT, Retail, Entertainment, Carbon Black and Speciality.
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