KEC International, part of the RPG group, has reported a significant rise in its order intake this year, surpassing ₹6,000 crore. This marks an impressive 80% increase from the previous year. The company’s MD and CEO, Vimal Kejriwal, highlighted that recent orders totalling ₹1,000 crore have contributed to this milestone.
These include major projects in transmission and distribution (T&D) across India, the Middle East, Australia, and the Americas. In India, KEC secured orders for a 765 kV transmission line and a 785 kV GIS substation from Power Grid Corporation.
Additionally, the company will undertake a 132 kV transmission line project in the UAE. Orders for tower supply in Australia and hardware and poles in the Americas further bolstered their international portfolio. Kejriwal emphasized the strategic importance of these orders, noting that they strengthen KEC’s foothold in critical markets such as India and the Middle East.
The company’s stock closed at ₹884.1 in the previous trading session, reflecting a 46% increase in share price year-to-date. Earlier announcements detailed additional orders worth ₹1,017 crore in T&D and clean energy sectors, including projects in the Middle East and a significant solar PV project in Rajasthan.
With robust growth in orders and strategic expansions, KEC International continues to solidify its position in the global engineering landscape. Investors and industry analysts are optimistic about KEC’s growth trajectory, fuelled by these substantial project wins and expansions into new geographic markets. This news underscores KEC International’s proactive approach in expanding its project portfolio and enhancing shareholder value amidst dynamic market conditions.
