RPG Group company KEC International has announced the receipt of new orders worth ₹1,050 crore, spread across multiple business verticals, strengthening its order book and expanding its presence in key infrastructure segments.
In the renewable energy segment, KEC has secured its first-ever wind power project, involving a 100+ MW capacity. The scope includes a balance of plant (BoP) package for a wind project located in southern India. While the company did not disclose the client’s name, it stated that the order has been awarded by a well-known private developer, marking KEC’s formal entry into the fast-growing wind energy space.
Under the civil business, the company has won an order in the Buildings & Factories (B&F) segment from an existing client. The project involves the execution of a downstream facility in western India for a leading steel manufacturer, reinforcing KEC’s growing footprint in industrial construction.
In the Transmission & Distribution (T&D) segment, KEC secured orders for the supply of towers, hardware, and poles in the Americas. Additionally, its subsidiary SAE Towers received new tower supply orders in Mexico, reflecting increased demand in the North American power transmission market.
The company’s cables and conductors business also performed strongly, winning multiple orders for the supply of various types of cables and conductors across domestic and international markets.
Commenting on the developments, Vimal Kejriwal, MD & CEO of KEC International, said the maiden wind energy order represents a significant milestone for the company’s renewables business. He added that the civil division continues to expand steadily in the B&F segment, while SAE Towers’ success in Mexico signals improving momentum in the North American T&D market.
Kejriwal further noted that with these latest wins, KEC International’s year-to-date order intake has reached approximately ₹19,300 crore, supporting the company’s confidence in meeting its growth objectives.
KEC International Share Price Update:
Following the announcement, KEC International shares traded marginally higher intraday. The stock has gained over 6% in the past one month, though it remains down nearly 39% on a year-to-date basis, reflecting broader market pressures.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Investors should consult certified financial advisors before making any investment decisions.
