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KEC International Ltd. — Capital/Financing Update 2021
Mar 22, 2021
61211_rns_2021-03-22_c6545e28-1fc1-4e99-b500-8b8af2a5c2e6.pdf
Capital/Financing Update
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KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 www.kecrpg.com
March 22, 2021
National Stock Exchange of India BSE Limited Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai 400 051
Symbol: KEC
Scrip Code: 532714
Dear Sir/Madam,
Sub: Press Release – New Orders worth Rs. 1,429 Crore
We are pleased to enclose a copy of the press release with respect to new orders of Rs. 1,429 Crore secured by the Company.
The above is for your information and records.
Thanking you, For KEC International Limited
Amit Digitally signed by Kumar Amit Kumar Gupta Date: 2021.03.22 Gupta 17:25:55 +05'30' Amit Kumar Gupta Company Secretary and Compliance Officer
Encl: as above
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Registered Office: RPG House, 463, Dr. Annie Besant Road Worli, Mumbai 400030, CIN: L45200MH2005PLC152061, India.
Company
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KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 www.kecrpg.com
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KEC International wins New Orders of Rs. 1,429 crores
Mumbai, March 22, 2021 : KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,429 crores across its various businesses:
Transmission & Distribution (T&D):
The business has secured orders of Rs. 701 crores for T&D projects from Power Grid Corporation of India Ltd. (PGCIL) and other customers in India, East Asia Pacific and the Americas.
Railways:
The business has secured orders of Rs. 366 crores in the emerging segments in India:
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Semi High-Speed Rail – Order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation
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Tunnel Ventilation – Order for tunnel ventilation system and associated works
Civil:
The business has secured orders of Rs. 318 crores from reputed private players for infra works in the cement, residential and metals & mining segments in India.
Cables:
The business has secured orders of Rs. 44 crores for various types of cables in India and overseas.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented , “Our order book continues to grow with orders secured across all our business verticals despite the global headwinds. We are delighted with the additional orders from PGCIL in the Green Energy Corridor under the Tariff Based Competitive Bidding (TBCB) route. Our Railway business continues to strengthen its presence in the emerging segments with orders in Semi High-Speed Rail and Tunnel Ventilation. With the above orders, our current year order inflows have exceeded Rs. 11,000 crores. These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward.”
About KEC International Limited
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Solar, Smart Infrastructure and Cables. The Company is currently executing infrastructure projects over 30 countries and has a footprint in 100+ countries (includes EPC & Supply). It is the flagship Company of the RPG Group.
Registered Office: RPG House, 463, Dr. Annie Besant Road Worli, Mumbai 400030, CIN: L45200MH2005PLC152061, India.
An Company
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About RPG Enterprises
RPG Enterprises, established in 1979, is one of India's fastest growing business groups with a turnover of US$ 4 Billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses.
Registered Office: RPG House, 463, Dr. Annie Besant Road Worli, Mumbai 400030, CIN: L45200MH2005PLC152061, India.
An Company