
KEC International shares rose 2.15% today to ₹706.50 after the company announced new orders worth ₹1,150 crore across its transmission and distribution (T&D) and civil businesses in India, giving a strong boost to investor sentiment.
In an exchange filing, KEC International said its India T&D business secured its largest-ever order from a reputed private sector player. The project involves the construction of a 765 kV transmission line and a 765/400 kV air-insulated substation (AIS).
The contract will be executed on a lump-sum turnkey (LSTK) basis and is aimed at supporting renewable energy evacuation, a key focus area for the power sector.
Alongside this, the company’s civil business won an additional order from a prominent private client for civil and structural works at a 150 MW thermal power plant. This order strengthens KEC’s presence in the thermal power segment, which continues to see steady infrastructure investments.
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Commenting on the development, Vimal Kejriwal, MD & CEO, KEC International, said, “We are delighted with these order wins in India, particularly the significant composite order secured by our India T&D business for the evacuation of renewable energy. This order has substantially increased the share of private sector clients in our India T&D order book. The Civil business has increased its presence in the growing thermal power plant segment. With these wins, our YTD order intake has crossed Rs 18,000 crore, reaffirming our confidence in achieving our annual order intake target.”
KEC International is a global EPC company with operations spanning power T&D, civil infrastructure, transportation, renewables, oil and gas pipelines, and cables, positioning it well to benefit from India’s infrastructure push.
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