KEC International Ltd, a leading engineering, procurement, and construction firm, announced on September 5 that it has won new contracts worth ₹1,423 crore for the design, supply, and installation of 380 kV transmission lines in Saudi Arabia.
Vimal Kejriwal, Managing Director and CEO of KEC International, expressed satisfaction with the company’s steady flow of orders, particularly in its transmission and distribution (T&D) sector. He highlighted that these new contracts, combined with previous orders from the UAE and Oman, have bolstered KEC’s position in the Middle East and significantly expanded its international T&D order book. With these latest orders, the company’s year-to-date order intake exceeds ₹11,300 crore, marking a substantial 75% increase from the previous year.
In August 2024, KEC International secured additional contracts totaling ₹1,079 crore in its T&D and cables divisions, covering projects in India, the Middle East, and the Americas. Notable among these is a 765 kV/400 kV transmission lines project awarded by a major private developer in India, along with 230/132 kV transmission line projects in Saudi Arabia and Oman.
For the quarter ending in June, KEC International reported a net profit of ₹87.6 crore, more than doubling from ₹42 crore in the same period last year. Revenue for the quarter grew by 6.3% year-on-year, reaching ₹4,512 crore.
KEC International is a global leader in infrastructure engineering and construction, with a diverse portfolio that includes power transmission and distribution, civil engineering, railways, urban infrastructure, renewables, oil and gas pipelines, and cables. The company operates in over 30 countries and has a presence in more than 110 countries through its various EPC and supply operations. KEC International is a flagship company of the RPG Group.
Founded in 1979, RPG Enterprises is one of India’s fastest-growing business conglomerates, with a turnover of approximately $4.8 billion. The group’s interests span across infrastructure, tires, pharmaceuticals, IT, and specialty businesses, as well as emerging technology sectors.
