KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured a prestigious turnkey order of Rs. 1,145 crores in its Transmission & Distribution (T&D) business for Design, Supply and Installation of 380 kV Overhead Transmission Line in the Kingdom of Saudi Arabia (KSA), the company announced through an exchange filing.
Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with the significant order win in the international market. Our YTD order intake has now surpassed Rs. 7,500 crores, a robust growth of 30% vis-à-vis last year. With this order, Saudi Arabia continues to be a major growth driver in the Middle East region. This strategic project holds immense significance for both NEOM and Saudi Arabia, as it plays a pivotal role in developing the power infrastructure required for the development of NEOM – a visionary city in Saudi Arabia.”
KEC International shares
The shares of KEC International on Wednesday closed at ₹682.60, up by 2.61 per cent.