KEC International secures orders worth Rs 1,253 crore

04 Jan 2012 Evaluate

KEC International (KEC), a billion dollar global infrastructure EPC major, has won new orders to the tune of Rs 1,253 crore. The company has secured new orders worth Rs 723 crore in the Transmission business, Rs 253 crore orders in Power Systems for substation works, Rs 123 crore orders in the Water business, Rs 105 crore orders in the Cable business and Rs 49 crore is in the Telecom business.

In the Transmission business, the company has secured orders from Saudi Arabia, United States and Afghanistan. The Saudi Arabia order is for construction of 110kV /132kV double circuit overhead transmission lines (68 km) and underground cable works (13 km) on a turnkey basis. The United States order is for the supply of 345 kV transmission towers while the Afghanistan order is for construction of 220 kV double circuit overhead transmission lines between Kunduz & Taloqan substations on turnkey basis.

SAE Towers, the wholly owned subsidiary of the company, has secured various orders for tower supply from Unites States, Mexico and Brazil. The total value of these orders is Rs 154 crore.

In the Power System business, the company has secured orders from Kenya, India and Philippines for substation works. The Kenya order is secured from The Kenya Electricity Generating Company for completion of 3 nos. of 220/132kV substations along with associated interconnecting transmission lines for Olkaria IV and Olkaria I power stations. The order value is Rs 141 crore and contractual completion period is 27 months.

The India order is from Power Grid Corporation of India for the construction of 400kV/220kV Tumkur New AIS substation and 400kV Gooti substation extension in Karnataka. The order value is Rs 59 crore and contractual completion period is 24 months.

In Philippines, the company has entered into substation business and secured 2 orders from the National Grid Corporation of Philippines which consists of 230 kV Substation work in Lumban and 138kV Substation work in Colon-Cebu. Total order value of these orders is Rs 53 crore and the contractual completion is 12 months for each order.

In the Water business, the company has secured 6 new orders to the tune of Rs 123 crore. Out of these, five orders are from Madhya Pradesh for the construction of canals from Madhya Pradesh Water Resources Department and one order is from West Bengal for Flood Protection Works from Irrigation and Waterways Department, West Bengal.

In the Cable business, the company has secured various orders for supply of power cables and telecom cables. The total value of these orders is Rs 10.05 crore. In the Telecom business, the company has received Rs 49 crore order from Power Grid for establishing 2,200 kilometers of optical power ground wire (OPGW) communication network under hotline conditions in the eastern region in India.

KEC International is mainly into the business of design, manufacture and erection of transmission towers and power transmission lines on EPC basis. Besides, the company has now broadened its activities by diversifying into the distribution and substation sector (through rural electrification projects), railway electrification projects as well as providing services like optical fibre installations, Satellite/GPRS surveys and turnkey telecom infrastructure services.

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