KEC Intl bags Rs 520 cr orders from Kazakhstan
Power transmission and distribution company KEC International Ltd on Friday said it has bagged orders worth Rs 520 crore from Kazakhstan Electricity Grid Operating Company and Abu Dhabi Water and Electricity Company.
By PTI |
MUMBAI: Power transmission and distribution company KEC International Ltd on Friday said it has bagged orders worth Rs 520 crore from Kazakhstan Electricity Grid Operating Company and Abu Dhabi Water and Electricity Company.
The company has secured a Rs 284 crore order from the Kazakhstan-based firm for installing a 500 KV transmission line spanning over 250 kms from Yukgres to Shu (Kazakhstan). The work also involves installation of 200 km of optical fibre ground wire for telecommunication purposes.
The project has been funded by European Bank for Reconstruction and Development (EBRD), KEC International informed the Bombay Stock Exchange.
It has also bagged an order worth Rs 229 crore from the Abu Dhabi-based company for supply and construction of two transmission lines for supplying power to the northern emirates of UAE.
The first, a 400 KV double circuit line, runs from Dhaid to Ras Al Khaima and spans over 64 kms, while the second line is a 132 KV quad circuit line, which runs from Ras Al Khaima to Khor Khwair, spanning over 28 kms.
"As part of our global diversification and business de-risking strategy, we are making conscious efforts to enter new markets every year. Last year, the company successfully entered Afghanistan and Ethiopia. With the Kazakhstan order, KEC has made its entry in the CIS group of countries," KEC International Managing Director Ramesh Chandak said.
The company has secured a Rs 284 crore order from the Kazakhstan-based firm for installing a 500 KV transmission line spanning over 250 kms from Yukgres to Shu (Kazakhstan). The work also involves installation of 200 km of optical fibre ground wire for telecommunication purposes.
The project has been funded by European Bank for Reconstruction and Development (EBRD), KEC International informed the Bombay Stock Exchange.
It has also bagged an order worth Rs 229 crore from the Abu Dhabi-based company for supply and construction of two transmission lines for supplying power to the northern emirates of UAE.
The first, a 400 KV double circuit line, runs from Dhaid to Ras Al Khaima and spans over 64 kms, while the second line is a 132 KV quad circuit line, which runs from Ras Al Khaima to Khor Khwair, spanning over 28 kms.
"As part of our global diversification and business de-risking strategy, we are making conscious efforts to enter new markets every year. Last year, the company successfully entered Afghanistan and Ethiopia. With the Kazakhstan order, KEC has made its entry in the CIS group of countries," KEC International Managing Director Ramesh Chandak said.
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