Mumbai, August 9, 2011: ,KEC International Ltd. (KEC), a billion dollar global infrastructure EPC player, has won new orders to the tune of Rs. 400 crore.
The Company secured three orders for transmission lines in India, of these two orders are from Private sector customers - CESC Limited & DB Power Limited and one order is from State Utility - Punjab State Transmission Corporation Limited (PSTCL, Patiala). Total value of these orders is Rs. 200 crore.
The CESC Limited , order is for turnkey construction of 220 kV Multi Circuit Transmission Line from PGCIL’s Subhasgram Substation to West Bengal State Electricity Transmission Corporation Limited existing line at Saitala. The completion period is approx. 14 months.
The DB Power Limited , order is for turnkey construction of 400 kV Double Circuit Transmission Line for power evacuation from its Baradarha Power Plant, Chattisgarh to PGCIL’s 400/765 kV pooling point in Raigarh, Chattisgarh. Total completion period is approx. 12 months .
The PSTCL , order is for turnkey construction of 400 kV transmission line from Rajpura to Nakodar in Punjab. Total completion period is approx. 15 months.
SAE Towers , the Company’s wholly owned subsidiary, has secured various orders for tower supply in North America and South America worth Rs. 150 crore.
In addition to above, the Company has won various orders various orders for Power and Telecom Cables worth Rs. 50 crore.
We are seeing good order inflow in Transmission business; we have secured over Rs. 1000 crore orders in this vertical during current financial year so far. We are happy that in addition to geographical and business diversification, we have also diversified our client base by securing orders from Private Sector Customers. Apart from this, our wholly owned subsidiary SAE Towers continues to deliver good order inflow. 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, MD & CEO KEC International Ltd.
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. 18,000 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.
For further information, please contact:
