KEC International’s shares rose by 5% after the company announced securing significant turnkey orders worth ₹1,704 crores in its Transmission & Distribution (T&D) segment. These orders were awarded by the Power Grid Corporation of India Limited (PGCIL) and include the design, supply, and installation of 765 kV transmission lines and gas-insulated substations (GIS).
This development reinforces KEC International’s stronghold in the T&D sector and showcases its robust project execution capabilities.
Vimal Kejriwal, MD & CEO, KEC International Ltd. stated, “We are delighted with the continuous inflow of orders, especially in our T&D business. These 765 kV orders from PGCIL have further strengthened our India T&D order book, reaffirming our confidence in the continued strong growth of this business. With these orders, our YTD order intake now stands at Rs. 16,300 crores, reflecting an impressive growth of over 60% compared to last year.”
As of 9:18 am, KEC International shares were trading 5.44% higher at Rs 1,078.70 on the NSE.
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