ECONOMYMint Markets · 2 hours agoLive
KEC International shares in focus on Monday Oct 26 after ₹2872 cr PGCIL order win; YTD orders mark crosses ₹13.5k cr
Reported by Mint Markets, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
KEC International secured a major order worth 2,872 crore rupees for transmission lines in Gujarat, pushing its total year-to-date order intake past 13,500 crore rupees and highlighting strong demand in the domestic transmission and distribution sector.
WHAT HAPPENED
KEC International secured ₹2,872 crore in turnkey orders from Power Grid Corporation for 765 kV transmission lines linked to evacuating 8.5 GW of renewable energy in Gujarat. The wins mark a record for its domestic T&D business and take year-to-date order intake above ₹13,500 crore.
WHAT TO WATCH
- •Execution progress on the 765 kV transmission lines linked to the Gujarat renewable energy project
- •Further order announcements from Power Grid Corporation or other renewable energy evacuation initiatives
- •The impact of these domestic transmission and distribution wins on upcoming quarterly financial results
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