KEC International Ltd (KEC), an RPG Group company, has secured new orders worth Rs 914 crore in its transmission, power systems and cables businesses from India and International markets.
Transmission Business
SAE Towers, the wholly owned subsidiary of the company, has secured largest ever poles supply order worth Rs 73 crore from Canada.
SAE Towers is expanding its pole production capacity from 5,000 MTs to 12,000 MTs at its existing facility in Mexico at an investment of Rs 25 crore to cater to the increasing demand of poles in the North America region.
The expansion is likely to be completed by September 2013. In addition to above, SAE Towers has also secured orders for supply of lattice towers and hardware from Canada, United States, Brazil and Mexico. The total value of these orders is Rs 115 crore.
Further, the company will design, supply and erect 150 kV transmission line between Bengkayang – Ngabang – Tayanwith in Indonesia. The order is secured from the client PT PLN (Persero), Indonesia’s State Electricity Corporation. The order value is Rs 129 crore.
With this order, KEC has re-entered Indonesia after more than 10 years. This year, the company has already secured orders in Malaysia and Philippines.
In Saudi Arabia, the company has received order worth Rs 196 crore from the Saudi Electricity Company to design, supply and erect 380 kV transmission lines associated with interconnection of Al Salam, Madinah.
Moreover, the company has bagged an order worth Rs 219 crore for the supply and erection of 400 kV transmission line between Kurukshetra - Jalandhar and 220 kV transmission line between Jalandhar - Hamirpur. The order is secured from the Power Grid Corporation of India Limited (PowerGrid). It has also secured additional orders from its existing transmission projects worth Rs 68 crore.
Power Systems Business
The company has secured an order for establishment of a 765 kV Gas Insulated Substation (GIS) in Tamil Nadu for PowerGrid Corporation. The order value is Rs 40 crore. With this, KEC marks its entry in 765 kV GIS substation space.
Cable Business
The Company has secured Rs 74 crore orders for the supply of power and telecom Cables.
