KEC International secured new Transmission & Distribution orders worth ₹1,133 crore, mainly from Power Grid Corporation and a private developer. The stock rose 2.5% to ₹823.10, with an order book of ₹41,000 crore and growth driven by rising energy demand.
On Monday, May 19 share price of KEC International jumped over 2.5% as the company secured a significant order. As of 10:32 am IST, the stock is trading at ₹823.10. On a year-to-date basis, the stock is down by 31% while in the last month it is up by 13.5%.
KEC International Ltd, a prominent global infrastructure Engineering, Procurement and Construction (EPC) major and an RPG Group company, announced the acquisition of new orders totaling ₹1,133 crores. These orders are specifically for Transmission & Distribution projects within India. Notably, a significant portion of these new contracts was secured from the Power Grid Corporation of India (PGCIL) and a leading private developer.
According to the press release issued by KEC International on May 17, 2025, these orders were received through the normal course of business operations. The company highlights its pride in securing yet another High Voltage Direct Current (HVDC) order, building upon successful HVDC order wins from the previous year.
KEC International expressed a strong and optimistic outlook for the sector's growth, attributing it to the increasing energy demands of the country and the government’s strong commitment to expanding renewable energy infrastructure and strengthening the existing transmission network. The company anticipates that these new orders will play a crucial role in driving its targeted growth in the future.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with the multiple orders secured by our T&D business from PGCIL and a leading private developer. These prestigious orders have substantially strengthened our India T&D order book. We are particularly proud to secure yet another HVDC order, building on the strong foundation laid by last year’s order wins. We maintain a strong and optimistic outlook on the sector’s growth, driven by the country’s accelerating energy demands and the government’s firm commitment to expanding renewable energy and strengthening transmission infrastructure. These orders will play a pivotal role in driving our targeted growth going forward.”
The company’s order book stands at ₹41,000 crore, including L1 orders as of December 31, 2024. Tenders under evaluation and in the pipeline exceed ₹1,50,000 crore.
KEC International Limited is a global infrastructure EPC major with a diverse presence across several key sectors. These include Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. The company has established a significant global footprint, operating in over 110 countries through its EPC projects and the supply of towers and cables. KEC International is the flagship company of the RPG Group, a well-established Indian conglomerate.
Disclaimer: The article is for informational purposes only and not investment advice.
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