Particle.news

Download on the App Store

KEC International Wins Rs 3,243 Crore T&D Orders, Books Biggest-Ever EPC Deal

The awards raise intake to about Rs 11,700 crore, signaling a stronger Middle East focus.

Overview

  • New contracts include 400 kV transmission lines in the United Arab Emirates and supply of towers, hardware and poles in the Americas.
  • CEO Vimal Kejriwal called it the company’s largest EPC order to date and said it expands KEC’s international T&D book and regional presence.
  • With the latest wins, year-to-date order intake stands at roughly Rs 11,700 crore, according to the company.
  • The announcement after market hours on Monday sent shares up as much as 7.6% on Tuesday to a three‑month high.
  • Despite the jump, the stock remains down about 23% for the year, even after earlier August orders totaling around Rs 1,402 crore across verticals.