Suryaa Business Desk: Surya Business & Infrastructure Bureau, Mumbai: Leading international EPC (Engineering, Procurement, Construction) infrastructure firm KEC International... Surya Business & Infrastructure Bureau, Mumbai: Leading international EPC (Engineering, Procurement, Construction) infrastructure company KEC International Limited (KEC International) has bagged huge domestic orders. A subsidiary of RPG Group has officially announced that it has bagged new contracts worth Rs 2,872 crore from the public sector giant Power Grid Corporation of India Limited (PGCIL). The orders were awarded to construct 765 kV (765 kV) high-voltage transmission lines to further strengthen the country's power transmission system.
A boost to renewable energy migration: This is one of the largest single order complexes in the history of KEC from PGCIL. The main objective of these projects is to connect the solar and wind power generated from the country's huge renewable energy clusters to the national grid. KEC will undertake design, supply, testing and commissioning of 765 KV double circuit transmission lines. Order book at new record: KEC International's overall order book level has reached a new high with fresh contracts.
The total contract inflow achieved by the company in this financial year has crossed Rs.18,000 crores. Vimal Kejriwal, Managing Director and CEO stated that the company is receiving continuous orders not only in the power supply and distribution (T&D) segment but also in the railways, civil infrastructure and cables sectors, which lays a solid foundation for the company's future revenue growth. Key role in India's grid modernization: State-of-the-art 765 KV transmission corridors are critical at a time when demand for uninterrupted power across the country is increasing, data centers and manufacturing sectors are expanding massively, the company said. These projects will help to deliver electricity to distant areas with less loss (Transmission Loss) through high voltage lines.
