KEC wins orders worth Rs 740 cr in July

KEC International today said it has bagged orders worth Rs 740 crore this month, related to projects in various countries, including the US, Bangladesh and Malaysia.
    
These orders received by the company, part of industrial conglomerate RPG Enterprises, are spread across transmission, power systems, railways and cable businesses.
    
Among the orders received in July so far, the largest is worth Rs 192 crore. This is for setting up power supply, signaling and telecommunication systems in Turkmenistan.
    
"The project is part of the North-South Railway project in Turkmenistan.... This project is secured in consortium with a company based in the CIS region. The project value is Rs. 588 crore in which KEC's share is Rs 192 crore," KEC said in a statement.
    
According to KEC, this is the largest ever railway order for the company. The firm already has presence in Kazakhstan, Tajikistan and Georgia in CIS region.
    
In the transmission segment, KEC has won orders to the tune of Rs 233 crore from Bangladesh and Americas, the US, Canada, Mexico and Brazil.
    
"SAE Towers, the wholly-owned subsidiary of the company, has secured various orders for supply of lattice towers, poles and hardwares to United States, Canada, Mexico and Brazil. The total value of these orders is Rs 180 crore," KEC said.
    
The Rs 53-crore order from Bangladesh is for establishing 132 kV double circuit transmission line between Jamalpur-Sherpur and Fenchuganj-Kulauara on turn key basis. It has been awarded by the Power Grid Company of Bangladesh.
    
Further, the company has won a Rs 75 crore for setting up 275 kV substations on turn key basis at Similajau & Oya in Malaysia. The contract has been give by Sarawak Energy Berhad.
    
KEC said it has got an order for establishing 66/33/11kV distribution lines on turn key basis in Mount Kenya region of Nairobi. The order, secured from Kenya Power and Lighting Company Ltd, is worth Rs 28 crore.
    
In the cable business, KEC has secured various orders for supply of power cables and telecom cables, together worth about Rs 212 crore.
    
The company is mainly into infrastructure engineering, procurement and construction.