Mumbai, January 3, 2011: , KEC International Ltd. (KEC), a global leader in Power Transmission & Distribution EPC business & one of the leading Infrastructure EPC company, has won 3 new substation orders to the tune of Rs. 980 crore from Kazakhstan Electricity Grid Operating Company (KEGOC) and Power Grid Corporation of India Ltd. (PGCIL). These orders follow orders worth Rs. 1,018 crore won last week.
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Mumbai, November 24, 2011: ,KEC International Ltd. (KEC), a billion dollar global infrastructure EPC major, has sold the leasehold rights on its land to Vodafone Shared Services Limited for the consideration of Rs. 72.5 crore. The land is located at Trans Thane Creek Industrial Area, between Thane-Navi Mumbai, Near to Vashi, Mumbai. Total Area of the land is 30,881 square meters (i.e. 7.63 Acres).
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Mumbai, September 23, 2010: , KEC International Limited (“KEC”), an RPG Group company, announced today that that the acquisition process of SAE Towers Holdings LLC, a limited liability company incorporated in Delaware together with its subsidiary companies in Brazil, Mexico and USA has been completed in terms of the definitive Agreements dated September 6, 2010 executed by the Company.
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Mumbai, September 14, 2010: KEC International Ltd.(“KEC”), an RPG Group company, announced today that it has signed a definitive share purchase agreement to acquire Jay Railway Signaling Private Limited (formally known as Jay Electrocom Industries), a Railways Signaling Automation Systems & Technology company. The company undertakes turnkey signaling contracts for the Indian Railways.
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Mumbai, September 6, 2010: KEC International Ltd.(“KEC”), today announced that it has signed a definitive agreement to acquire 100% of SAE Towers Holdings LLC (“SAE Towers” or the “Company”)from an entity affiliated with ACON Investments, L.L.C. (“ACON”), a Washington, D.C.‐based private equity firm, for USD 95 million (excluding adjustments for working capital) on a cash free, debt free basis.
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