Friday, Apr 19 2024 | Time 13:06 Hrs(IST)
image
Business EconomyPosted at: Mar 12 2019 1:10PM


KEC International bags new orders of Rs 1,323 cr

Mumbai, Mar 12 (UNI) KEC International Ltd, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs 1,323 crore across its various businesses.

Transmission & Distribution(T&D) business has secured turnkey orders of Rs. 287 crore across India, UAE and the Americas for Extension of 765 kV GIS substation order from PGCIL and 132 kV GIS substation order in UAE.
The company has received various orders by SAE Towers in the Americas. The Railway business has secured orders for composite and overhead electrification works aggregating to Rs 644 crore in India.

The Civil business has secured fresh and change orders for civil and construction works aggregating to Rs 91 crore from leading automobile companies.
The Smart Infra business has secured two orders as Master Service Integrator for Smart City ICT Components aggregating to Rs 233 crore for one brownfield and one greenfield smart city.
The Cables business has secured orders of Rs 68 crore for various types of Cables/ Cabling works.
Mr Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, ''We are delighted with the new order wins especially in our Railways and Smart Infra businesses. The second substation order in UAE
strengthens our substation portfolio in the Middle East market. The order wins in Railways help us to further consolidate our order book and establish leadership in this sector. We are particularly enthused by the orders secured by our Smart Infra business in the core Smart City segment. These order wins give us confidence that
Smart Infra business can become a significant part of KEC’s overall business portfolio going forward.''
UNI JS SB 1310
Please log in to get detailed story.
Tags: #KEC International bags new orders of Rs 1#323 cr
More News
NTPC green energy inks MoU with Indus Towers

NTPC green energy inks MoU with Indus Towers

19 Apr 2024 | 12:05 PM

Mumbai, Apr 19 (UNI) NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) on Friday signed a Memorandum of Understanding (MoU) to address the need for pacing green energy objectives and the GoI’s efforts towards a carbon-neutral economy.

see more..
Rupee opens record low at 83 55 against USD

Rupee opens record low at 83 55 against USD

19 Apr 2024 | 11:50 AM

Mumbai, Apr 19 (UNI) The rupee on Friday opened at a record low of 83.55, declining three paise amid geographical tension between Israel and Iran and rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.

see more..
Sensex drops over 500 points

Sensex drops over 500 points

19 Apr 2024 | 11:31 AM

Mumbai, Apr 19 (UNI) The equity market continued to fall for the fifth consecutive session on Friday as BSE Sensex crashed 539 points to open below 72K at 71,949.65 amid heightened geographical tension, triggering a massive selloff of global equities.

see more..

USD up ; Euro,Pound down

19 Apr 2024 | 10:08 AM

Mumbai, Apr 19 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

Severe coal crisis: RINL to call for global tenders to procure 1 50L tons coal

18 Apr 2024 | 7:29 PM

Visakhapatnam (Andhra Pradesh), Apr 18 (UNI) In the backdrop of severe Coal crisis due to the ongoing strike at Adani Gangavaram Port Limited (AGPL),Rashtriya Ispat Nigam Limited (RINL) - Visakhapatnam Steel Plant (VSP), has embarked on a relentless mission to secure the crucial raw material of coal, which is essential for its safe and sustained operations.

see more..
image