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KEC International lands order in India, Brazil

EM NEWS BUREAU ,  Friday, May 06, 2011, 14:42 Hrs  [IST]

Untitled - 13.jpgKEC International has won new orders to the tune of Rs.jpg550 crore from India and Brazil. The Indian order is a turnkey contract for construction of 400kV transmission lines between Babhaleshwar to Aurangabad and Bhusawal to Aurangabad. The Rs.jpg367-crore order, placed by Maharashtra State Electricity Transmission Company Ltd, is scheduled for completion in 18 months.

SAE Towers, a wholly owned subsidiary of KEC International, has secured orders of Rs.jpg183 crore for supply of towers in Brazil. The order has been received from the client Norte Do Brasil Transmissora De Energia S.A., Brazil.

"The acquisition of SAE Towers' has been very good for us and has happened at the right time. We are witnessing a huge demand for transmission towers in the American markets. KEC and SAE Towers have secured orders worth Rs.jpg1,350 crore for tower supply post acquisition," observed Ramesh Chandak, MD & CEO, KEC International Ltd.

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New line of business
KEC recently diversified into the water-related business, securing its first order in Madhya Pradesh. Placed by state government-owned Water Resource Department, the Rs.jpg31- crore order relates to renovation, repair and remodeling of Canal under Urmil Tank Project in Chattrapur district of Madhya Pradesh. The order will be executed over a period of 18 months.
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