Mumbai, November 30, 2011: ,KEC International Ltd. (KEC), a billion dollar global infrastructure EPC major, has won new orders to the tune of Rs. 147 crore in its emerging businesses – Water & Railways.
In the Water Business , the company has secured 3 new orders for construction of Canals for Irrigation projects in Gujarat and Madhya Pradesh. The total value of these orders is Rs. 98 crore. With this addition, the order book in this business has increased to Rs. 178 crore.
In the Railway Business,the company secured an order for supply of railway track materials, tools and railway signaling equipment. The total value of this order is Rs. 49 crore. This order is secured from the Kenya Railway Corporation. With this, the order book in this business has touched Rs. 400 crore.
"We are delighted to secure these orders in our emerging businesses – Water & Railways. We see large opportunities in both these businesses. We started our Water business early this year and today we have order book of Rs. 178 crore. In addition to this, we are leveraging our strong international presence in T&D business for our emerging businesses. This is the second international order in the railway business. Last year, we secured a railway order from Malaysia," said Mr. Ramesh Chandak, MD & CEO, of the Company.
KEC International is a billion dollar turnover, 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 45 countries across South Asia, Middle East, Africa, Central Asia and Americas. It is a flagship company of the RPG Group.
RPG Enterprises, established in 1979, is one of India’s fastest growing business groups with turnover touching Rs. 20,000 crore. The group has more than sixteen companies managing diverse business interests.
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