Mumbai, March 05, 2025: KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, announced today that it has received a refund of Rs. 177 crores from the Income Tax Department.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, We are pleased with this substantial income tax refund, which includes both the principal amount and applicable interest from past tax assessments. This refund strengthens our liquidity position and further enhances our financial leverage. As we move forward, we remain committed to operational excellence and prudent capital management to drive sustainable growth across our business verticals.
About KEC International Limited (www.kecrpg.com ):
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). It is the flagship Company of the RPG Group.
About RPG Enterprises (www.rpggroup.com ):
RPG Enterprises, established in 1979, is one of India s fastest-growing business groups with a turnover of US$ 4.8 Billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation-led technology businesses.