Shares of KEC International Ltd soared 4% on 8 January after the company announced securing new orders worth Rs 1,136 crore across its different business verticals. 

The company’s Transmission & Distribution (T&D) division has secured a 765 kV transmission line project in India from Power Grid Corporation of India (PGCIL).

In the transportation segment, the business received a notable order in the Train Collision Avoidance System (TCAS) domain under the Kavach initiative in India.

Furthermore, the oil and gas pipelines division won contracts for the design, supply, and construction of pipelines and related works from a leading public sector undertaking (PSU) in India.

Vimal Kejriwal, Managing Director and Chief Executive Officer of KEC International Ltd expressed his satisfaction, stating, We are thrilled with the multiple orders secured across various business verticals. The 765 kV order from PGCIL for green energy evacuation has significantly strengthened our T&D order book in India.

Vimal Kejriwal added, “Our Transportation business has strengthened its presence in the growing TCAS segment under ‘Kavach’ to enhance the safety of Indian Railways with world class technology.”

KEC International, a member of the RPG Group, is a leading global EPC company specializing in power transmission and distribution systems. The company has diversified its operations into railway infrastructure, cable manufacturing (spanning power, telecom, solar, and railways), civil construction focusing on industrial plants, warehouses, residential and commercial buildings, smart infrastructure, and renewable energy projects, particularly in the solar sector.

However, at 11:32 am, the shares of KEC International were trading 5.07% lower at Rs 1,069.90 on NSE.

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