KEC International (KEC) has inked project/novation agreements with Warora-Kurnool Transmission (WKTL), a subsidiary of Adani Transmission (ATL) for Rs 477 crore to complete the balance work of transmission lines in the states of Andhra Pradesh, Maharashtra and Telangana and release of the earlier dues of this project.
The execution of these transmission lines is expected to commence shortly. ATL had signed agreements with Essel Infraprojects (EIL) on 26 March 2021 for acquisition of WKTL.
This project along with the current TBCB projects secured from the Power Grid Corporation of India (PGCIL) in Q4/FY21 will contribute towards the revenue growth in the domestic T&D market.
