KEC International wins orders worth Rs610 crore
Moneylife Digital Team 08 July 2010

KEC International Ltd, a power transmission company, said it won orders worth Rs610 crore in the transmission and cables space from overseas.

In the transmission segment, the company has won total orders of Rs487 crore for turnkey transmission lines in the Georgia, South Africa, Philippines and UAE.

In Georgia, the company has won the order for turnkey construction of 400 kV, 500 kV transmission lines. The project duration for 400 kV is 18 months and for 500 kV is two years. The total order value is Rs326 crore.

The company has also won an order in Zambia, South Africa. The total value of the order is Rs66 crore. In the cables segment, the company has won orders for supply of low tension, high tension and extra high voltage power cables worth Rs123 crore from various customers, KEC said in a regulatory filing.

On Thursday, KEC International shares closed 0.6% up at Rs473 on the Bombay Stock Exchange, while the Sensex ended at 1% higher at 17,651 points.

Comments
Array
Free Helpline
Legal Credit
Feedback