The firm's transmission & distribution (T&D) business has secured orders for T&D projects in India, Middle East, Australia and Americas.
The order entails distribution of 765 kV transmission line and 765 kV AIS substation orders in India from Power Grid Corporation of India (PGCIL); supply of towers in Middle East, Australia and Americas and supply of hardware and poles in Americas.
The cable business of the company has secured orders for supply of various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “These orders have significantly enhanced our India T&D order book. We are also enthused by the tower supply order from Australia, which is a testament to our dedicated focus on expanding and diversifying the tower sales business geographically. In a noteworthy achievement, our tower supply business footprint now extends across six continents.”
KEC International executes power transmission and distribution, railways, civil and solar projects on an EPC basis. It also manufactures power and telecom cables. KEC is one of the largest power transmission EPC companies in the world with presence in over 70 countries and a strong presence in India, the Middle East, Africa, South Asia the Americas and Central Asia.
The company's consolidated net profit jumped 36.5% to Rs 42.33 crore on 27.9% increase in net sales to Rs 4,243.59 crore in Q1 FY24 over Q1 FY23.
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