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KEC secures orders worth Rs.1,253 crore
A BUSINESS CORRESPONDENT
Tuesday, January 17, 2012, 14:06 Hrs  [IST]

KEC International Ltd has secured new orders worth Rs1,253 crore across various segments. These include Rs723 crore orders in transmission business, Rs253 crore orders in power systems for substation works, Rs123 crore orders in water business, Rs105 crore in cables business, and Rs49 crore in telecom business.

Transmission
  • Construction of 110kV/132kV double circuit overhead transmission lines (68 km) and underground cable works (13 km) on a turnkey basis for Saudi Electricity Company, at a cost of Rs310 crore and to be executed in 21 months.
  • Supply of 345kV transmission towers from Isolux Ingenieria S-A, valued at Rs155 crore and to be executed in 12 months.
  • Construction of 220kV double circuit overhead transmission lines between Kunduz SiTaloqan substations on turnkey basis in consortium for Da Afghanistan Breshna Sherkat valued at Rsl32 crore in which KEC's portion stands at Rs104 crore. The contract completion period is 18 months.
Besides, SAE Towers, the wholly owned subsidiary of the company; has secured various orders for tower supply from USA, Mexico and Brazil, The total value of these orders is Rsl54 crore.

Power systems
  • Construction of three 220/132kV substations along with associated interconnecting transmission lines for Olkarla IV and Olkaria I power stations from Kenya Electricity Generating Company Ltd (Ken- Gen) valued at Rs141 crore and to be completed in 27 months.
  • Construction of 400kV/220kV Tumkur New AIS substation and 400kV Gooti substation extension in Karnataka for Rs59 crore from PGCIL, to be completed in 24 months.
  • In Philippines, the company has entered into substation business and secured two orders from the National Grid Corporation of Philippines, which consists of 230kV substation work in Lumban and 135kV substation work in Colon-Cebu. The total value of these orders is Rs53 crore and the contractual completion is 12 months for each.
Water
In the water business, the company has secured six new orders to the tune of Rs123 crore. Out of these, five orders are from Madhya Pradesh for construction of canals from the state water resources department and one order from West Bengal for flood protection works from the state irrigation and waterways department.

Cables
In the cable business, the company has secured various orders for supply of power cables and telecom cables at a total value of Rs105 crore.

Telecom
Establishment of a 2,200-km optical power ground wire communication network under hotline conditions in the eastern region in India, including supply and stringing of OPGW cable and test equipment, from PGCIL for Rs49 crore.

Commenting on these orders, Ramesh Chandak, MD & CEO, KEC International Ltd, said, "We are happy to start the New Year on a positive note. We have received well-diversified orders in terms of geographic and business spread with a good mix of turnkey and supply orders. With these orders worth Rs1,253 crore, our order book has touched the Rs9,000 crore mark."
 
                 
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