Mumbai, Nov 13 :KEC International Ltd. (KEC), part of the Rs. 11,500 crore RPG Group, has bagged two major project wins in Abu Dhabi and Algeria worth Rs. 385 crore and Rs. 246 crore respectively through an international competitive bidding process.
In Abu Dhabi, KEC’s job, to be completed in 24 months, is for the Abu Dhabi Transmission & Despatch Company (TRANSCO). It is a turnkey job of 400 kV double circuit and quad circuit transmission lines of 162 kms. length.
In Algeria,KEC will undertake a turnkey job of 400 kV single circuit transmission line for SONELGAZ. This project has a completion period of 15 months.
Since April, 2007 KEC has added a whopping Rs. 1877 crore worth of new wins, from the International Business Unit alone, to its portfolio. This is the largest growth level since the inception of the company.
“The size of these wins underlines KEC’s status as among the largest and most sought after Transmission EPC players in the world. The win in Abu Dhabi is our single largest win, in dollar terms, ever. I am delighted with the growth in our international operations through the year thus far,” said Ramesh Chandak, Managing Director, KEC International Ltd.
In a lighter vein, Mr. Chandak concluded, “This is the best Diwali gift for KEC and its stakeholders.”
KEC International Ltd. is a global leader in the power transmission engineering, procurement and construction (EPC) business. With global operations spanning over 15 countries, the company is present in UAE, Libya, Tunisia, Algeria, Afghanistan, Nigeria, Iraq, Kuwait, Oman, Zambia and Ethiopia among several other countries. KEC is the flagship company in the transmission sector of the Rs. 11,500 crore RPG Group.
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