Business · Companies · 8 hrs ago

KEC International wins ₹2,872 crore Power Grid contracts

KEC International wins ₹2,872 crore Power Grid contracts

KEC International won contracts worth ₹2,872 crore from Power Grid Corporation of India.

The work is to design, supply and install 765 kV transmission lines.

KEC International is an infrastructure company in the RPG Group, and its transmission and distribution business handles power lines and related systems.

The company said the contracts include its largest-ever order for India’s transmission and distribution business.

KEC said it has secured more than ₹13,500 crore in contracts so far this financial year, including ₹9,500 crore in transmission and distribution work.

Investors will watch the company’s shares when trading resumes on Monday, while its September-quarter results are still awaited.

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Vimal KejriwalKEC International managing director and CEO
These contracts from PGCIL include the largest-ever contract for India’s T&D business.
via ThePrint Hindi