Mumbai, July 12, 2007 :RPG Group Company, KEC International Ltd. (KEC), has bagged two contracts in Riyadh, Saudi Arabia and Abu Dhabi, UAE valued to the company at Rs. 176 crore.
The larger value contract comes from the Saudi Electricity Company based in Riyadh, Saudi Arabia and is worth US$ 23.4 million (Rs. 95 crore) to the company. This work involves supply, erection, installation and commissioning of 380 kV transmission line comprising a total distance of 53 kms on the outskirts of Riyadh.
The Abu Dhabi project, worth US$ 20 million or Rs. 81 crore, is from the Abu Dhabi Transmission and Despatch Company (TRANSCO). This project, also won via competitive bidding process, involves the supply, erection, installation and commissioning of 400 kV transmission lines from Taweelah sub station to Yas Island and Bahia sub station to Yas Island – a total of 40 kms.
“These are significant wins for us. Coming, as it does, immediately on the back of our largest single value contract worth Rs. 380 crore in Kazakhstan, is indeed a delight,” said Mr. Ramesh Chandak, Managing Director, KEC International.
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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