KEC International wins orders worth Rs. 914 crore
Mumbai, April 1, 2013: KEC International Ltd. (KEC), a global infrastructure EPC major, an RPG Group company, has secured new orders worth Rs. 914 crore in its Transmission, Power Systems and Cables businesses from India and International markets. Details are as follows -
Transmission Business:
- Americas - SAE Towers, the wholly owned subsidiary of the Company, has secured largest ever poles supply order worth Rs. 73 crore from Canada. SAE Towers is expanding its pole production capacity from 5,000 MTs to 12,000 MTs at its existing facility in Mexico at an investment of Rs. 25 crore to cater to the increasing demand of poles in the North America region. The expansion is likely to be completed by September 2013.
In addition to above, SAE Towers has also secured orders for supply of lattice towers and hardware from Canada, United States, Brazil and Mexico. The total value of these orders is Rs. 115 crore.
- Indonesia – - Design, Supply and Erection of 150 kV transmission line between Bengkayang – Ngabang – Tayanwith. The order is secured from the client PT PLN (Persero), i.e. Indonesia’s State Electricity Corporation. The order value is Rs. 129 crore. With this order, the Company re-enters Indonesia after more than 10 years and strengthens its presence in South East Asia. This year, the Company has already secured orders in Malaysia and Philippines.
- Saudi Arabia – – Design, Supply and Erection of 380 kV transmission lines associated with interconnection of Al Salam, Madinah. The order is secured from the Saudi Electricity Company. The order value is Rs. 196 crore.
- India – Supply and Erection of 400 kV transmission line between Kurukshetra - Jalandhar and 220 kV transmission line between Jalandhar - Hamirpur. The order is secured from the Power Grid Corporation of India Limited (PGCIL). The order value is Rs. 219 crore.
- Others – - Secured additional orders from its existing Transmission projects. The total value of these orders is Rs. 68 crore.
Power Systems Business:
The Company has secured an order for establishment of a 765 kV Gas Insulated Substation (GIS) in Tamil Nadu for PGCIL. The order value is Rs. 40 crore. With this, KEC marks its entry in 765 kV GIS substation space.
Cable Business:
The Company has secured Rs. 74 crore orders for the supply of Power and Telecom Cables.
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 48 countries across South Asia, Middle East, Africa, Central Asia and Americas. It is the 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. 16,000 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
- Secures Rs. 800 crore orders in transmission business
- SAE Towers secures Rs. 188 crore orders, including Rs. 73 crore pole supply orders. Also expanding its existing poles production capacity at an investment of Rs. 25 crore
- Re-enters Indonesia after 10 years; secures Rs. 129 crore order
- Enters 765 kV Gas Insulated Substation (GIS) segment; Secures Rs. 40 crore order
- Secures Rs. 74 crore orders in cable business
