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KEC wins Rs 147 cr orders in water, railway biz

KEC International (KEC), the flagship company of the RPG Group, said it has won new orders worth Rs147 crore in its emerging businesses, water and railways.
In the water business, the company has secured three new orders for construction of canals for irrigation projects in Gujarat and Madhya Pradesh worth Rs98 crore, the global infrastructure engineering, procurement and construction (EPC) major said. With this addition, the order book of this business has increased to Rs178 crore.
In the railway business, the company secured an order for supply of railway track materials, tools and railway signalling equipment worth Rs49 crore from the Kenya Railway Corporation. With this, the order book of this business has touched Rs400 crore.
"We are delighted to secure these orders in our emerging businesses; water and railways. We see large opportunities in both these businesses. We started our water business early this year, and today, we have total order book of Rs178 crore," KEC International managing director and CEO, Ramesh Chandak said.
In addition to this, the company is leveraging its strong international presence in T&D business for its emerging businesses. "This is the second international order in the railway business. Last year, we secured a railway order from Malaysia," he said.

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June 2020
10 Jun 2020