KEC International secures ₹1,133 crore in new transmission and distribution orders
Published on 18/05/2025 03:30 PM
KEC International secures ₹1,133 crore in new transmission and distribution ordersKEC International Ltd. shares will be in focus on May 19 as the firm has secured new orders worth ₹1,133 crore in India, including a prestigious ±800 kV HVDC transmission line from Power Grid Corporation and a 400 kV line from a private developer.By CNBCTV18.com May 18, 2025, 3:30:59 PM IST (Published)2 Min ReadKEC International Ltd., a leading global infrastructure EPC company and part of the RPG Group, on May 17, late Saturday, announced new transmission and distribution (T&D) project orders worth ₹1,133 crore in India. KEC International shares are likely to be in focus on Monday, May 19.
The order wins include a major contract from Power Grid Corporation of India Limited (PGCIL) for the construction of a ±800 kV HVDC transmission line and a 765 kV GIS substation.
In addition, the company has secured an order from a leading private developer for a 400 kV Quad transmission line.
Commenting on the development, Vimal Kejriwal, Managing Director and CEO of KEC International, said, “We are delighted with the multiple orders secured by our T&D business from PGCIL and a leading private developer. These prestigious orders have substantially strengthened our India T&D order book.”
He further added, “We are particularly proud to secure yet another HVDC (High Voltage Direct Current) order, building on the strong foundation laid by last year’s wins. We maintain a strong and optimistic outlook on the sector’s growth, driven by the country’s accelerating energy demands and the government’s firm commitment to expanding renewable energy and strengthening transmission infrastructure.”
These new orders, the company stated, will contribute significantly to its targeted growth trajectory and support India’s push towards robust and future-ready energy infrastructure.Continue Reading(Edited by : Amrita)Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsKEC InternationalPowergrid