KEC International Ltd. saw its shares rise by 4% after announcing new Transmission & Distribution (T&D) orders worth ₹1,133 crores in India. As of 9:39 AM, the shares were trading 1.92% higher at Rs 815.95.
The contracts were secured from the Power Grid Corporation of India Limited (PGCIL) and a reputed private developer.
The order from PGCIL includes the construction of a ±800 kV HVDC transmission line and a 765 kV GIS substation, while the private sector contract involves a 400 kV Quad transmission line.
Mr. Vimal Kejriwal, MD & CEO of KEC International, stated, “We are delighted with the multiple orders secured by our T&D business. These prestigious orders have substantially strengthened our India T&D order book. The HVDC project win further builds on last year’s successes, and we continue to see strong growth potential in the sector.”
He emphasized the growing demand for power infrastructure in India, driven by rapid energy needs and government focus on renewable energy and robust transmission systems.
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