KEC International secures orders worth Rs. 795 crore
Mumbai, July 4, 2012: KEC International Ltd. (KEC), a global infrastructure EPC major, an RPG Group company, has secured new orders worth Rs. 795 crore spread across its Transmission and Power Systems businesses.
Transmission Business:
In this business, the Company has received three orders worth Rs. 600 crore – two orders from Power Grid Corporation of India Limited (PGCIL), India and one order is from the Ceylon Electricity Board, Sri-Lanka.
- In Orissa, the Company has secured an order from PGCIL order for establishment of 765 kV double circuit transmission lines on turnkey basis between Angul – Srikakulam. The order value is Rs. 299 crore, project duration is 30 months and total line length is 130 kilometers.
- In Andhra-Pradesh the Company has secured an order from PGCIL for establishment of 400 kV double circuit transmission lines on turnkey basis between Nellore - Thiruvalam. The order value is Rs. 247 crore, project duration is 27 months and total line length is 170 kilometers.
- The Sri-Lanka order is for establishment of 132 kV double Circuit transmission line on turnkey basis between Ambalangoda to Galle grid substation. The order value is Rs. 54 crore, project duration is approx. 22 months and total line length is 40 kilometers.
Power systems Business:
In this business, the Company has received three orders from Kenya of total worth Rs. 195 crore – two orders are for setting up substations on turnkey basis and third order is for setting up underground cables on turnkey basis. These orders are received from the Kenya Power and Lighting Company ltd (KPLC).
- Order for setting-up eight 66/11 kV substations and one 33/11 kV substation at areas near Nairobi. The order value is Rs. 118 Crore and project duration is 24 months.
- Order for setting-up four 33/11 kV substations and one 66/11 kV substation at areas near Nairobi. The order value is Rs. 49 crore and project duration is 24 months.
- Order for setting up the 33 kV XLPE and optic fibre underground cables. The order value is Rs. 28 crore and project duration is 12 months and project length is total 42 kilometers.
Mr. Ramesh Chandak, MD & CEO of KEC International said, “We are happy to see continuous order inflows for Substations from Kenya. Apart from this, in last 6 months, we have strengthened our presence in the SAARC region by securing 4 orders for transmission lines across Afghanistan, Sri-Lanka and Bangladesh.”
About KEC International Ltd.
KEC International is global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission, Power Systems, Cables, Railways, Telecom and Water. The Company has powered infrastructure development in 46 countries across South Asia, Middle East, Africa, Central Asia and Americas. It is a flagship Company of the RPG Group.
About RPG Enterprise.
RPG Enterprises is one of India's largest industrial conglomerates. The group consists of over fifteen companies managing diverse business interests in the areas of Tyre, Infrastructure, IT and Speciality. Established in 1979, RPG Enterprises today has a turnover of Rs 15,000 crore.
For further information, please contact:
- Mayur Khetan, Manager - Investor Relations & Corporate,Ph: +91 22 66670253, e-mail: khetanmm@kecrpg.com
- Steven Pereira, Manager – Corporate Communications, Ph: +91 22 66670235, e-mail: pereirasm@kecrpg.com
- Transmission Business– Rs.600 crore orders from India and Sri-Lanka for establishment of power transmission lines.
- Power Systems Business– Rs.195 crore orders from Kenya for establishment of substations and underground cables.
