RPG Group company KEC International today said it has secured new orders worth Rs 1,357 crore across its businesses. The company’s transmission & distribution business secured turnkey orders of Rs 1,234 crore across India, Middle East, Africa, SAARC and the America, a company statement said.
KEC International (KEC) is an EPC (engineering, procurement & construction) company focused on power transmission & distribution (T&D). But the company has also gone into other business verticals, such as
Share price of KEC Internationalrose 3.4 percent intraday Thursday as the company has bagged an orders worth Rs 1,378 crore across its businesses.
Shares of KEC International added 7 percent in the early trade on Wednesday on orders win worth Rs 2,035 crore across its businesses.
The Indian Railways’ plan to electrify its entire network in the next four years could potentially expand the order pipeline of capital-goods makers by Rs 40,000 crore, with the national transporter seeking to shrink its operating costs through lower reliance on fossil fuels.
India’s solar prospects look bright, engineering company KEC International looks to foray into overseas markets in the solar segment for better margins