KEC International Limited has bagged new order worth INR 1,213 crores, raising the annual intake order value to INR 22,378 crores, the highest ever for the company.

April 06, 2023

KEC International Limited, a subsidiary of RPG Enterprises, has bagged new orders worth INR 1,213 crores, totaling its annual order intake to INR 22, 378 crores. The new orders span various businesses of transmission and distribution, cables, and civil infrastructure.

Watch: RR Kabel | Solar Cables | Solar Plant | Renewable Energy

The company has secured orders for T&D projects in India, SAARC, the Middle East, East Asia Pacific, and the Americas. The company will supply various types of cables in India and overseas, while its civil infra orders are from the urban infrastructure segment in India.

Also Read: USD 500 Million EMA Subsea OFC Internet Network Planned by China

Mr. Vimal Kejriwal, MD & CEO, commented, “We are delighted with the traction of order inflows throughout the year. With these orders, our total order inflow for FY23 stands at an all-time high of INR. 22,378 crores, substantial growth of ~30 percent vis-à-vis last year. The orders in T&D have significantly expanded our T&D order book, particularly in the international market. Our Civil business has further strengthened its presence with an order in the urban infra segment. These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward.”