KEC International, a prominent firm in the RPG Group, has secured a significant order worth ₹2,872 crore from Power Grid Corporation of India Limited (PGCIL) for 765 kV lines. The deal, which includes the evacuation of 8.5 GW of renewable energy from Gujarat, has significantly expanded KEC's India T&D order book. Commenting on the landmark deal, KEC's MD & CEO, Vimal Kejriwal, emphasized that these projects have been a substantial contributor to KEC's order book.
Key points
KEC International, a prominent firm in the RPG Group, has secured a significant order wor…: KEC International, a prominent firm in the RPG Group, has secured a significant order worth ₹2,872 crore from Power Grid Corporation of India Limited (PGCIL) for 765 kV lines.
The deal, which includes the evacuation of 8.5 GW of renewable energy from Gujarat, has s…: The deal, which includes the evacuation of 8.5 GW of renewable energy from Gujarat, has significantly expanded KEC's India T&D order book.
Commenting on the landmark deal, KEC's MD & CEO, Vimal Kejriwal, emphasized that these pr…: Commenting on the landmark deal, KEC's MD & CEO, Vimal Kejriwal, emphasized that these projects have been a substantial contributor to KEC's order book.
Sources checked by our analysis pipeline: 1
With these latest contracts, the RPG Group firm's year-to-date order intake has surpassed ₹13,500 crore, driven by a ₹9,500 crore contribution from its core Transmission and Distribution (T&D) division.
Commenting on the landmark deal, Vimal Kejriwal, MD & CEO of KEC International, stated: "The orders secured from PGCIL include the largest-ever order for our India T&D business. These prestigious 765 kV projects, associated with the evacuation of 8.5 GW of renewable energy from Gujarat, have substantially expanded our India T&D order book."
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