KEC International bags Rs 2,872 crore PGCIL orders for 765 kV transmission lines
Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
The new ₹2,872 crore contract boosts KEC International's order book and signals strong demand for high‑voltage transmission infrastructure in India, which can affect the company's earnings and the country's power grid reliability.
KEC International has secured orders worth ₹2,872 crore from Power Grid Corporation of India Ltd for 765 kV transmission lines. These contracts involve the design, supply, and installation of the high-voltage lines. The latest wins have contributed to a significant year-to-date order intake surpassing ₹13,500 crore for the company. This includes a major contribution from the Transmission and Distribution division amounting to ₹9,500 crore.
KEC International is a major engineering and construction firm that builds power transmission projects, while Power Grid Corporation of India (PGCIL) is the state‑owned utility responsible for operating India's high‑voltage transmission network; 765 kV lines are among the highest‑capacity lines used to move large amounts of electricity over long distances.
- •Follow announcements on the project timelines and any milestones for the 765 kV line installations
- •Monitor KEC International's quarterly financial reports for the impact of the new orders on revenue and profit
- •Watch for additional large‑scale transmission contracts that PGCIL may award to infrastructure builders