KEC International bags Rs 637 cr worth power transmission projects
KEC International Ltd has bagged two power transmission projects in Abu Dhabi and Algeria valued at a total of Rs 637 crore.
By PTI |
MUMBAI: KEC International Ltd on Friday said it has bagged two power transmission projects in Abu Dhabi and Algeria valued at a total of Rs 637 crore.
The contract in Abu Dhabi, worth Rs 391 crore, has been awarded by Abu Dhabi Transmission and Despatch Company. It is a turnkey job of 400 KV double circuit and quad circuit transmission lines of 173 km length connecting Fujairah substation to Sweihan substation, KEC International said in a filing to the Bombay Stock Exchange.
"The win of Abu Dhabi is our single largest win, in dollar terms ever," KEC Managing Director Ramesh Chandak said.
In Algeria, the company will undertake the job of 400 KV single circuit transmission line from Cheffia to Ain Bedia and from R Djamel to Djendouba. This project from SONELGAZ is worth Rs 246 crore and has to be completed in 15 months.
Shares of the company closed at Rs 873.40, up 4.58 per cent on the BSE.
The contract in Abu Dhabi, worth Rs 391 crore, has been awarded by Abu Dhabi Transmission and Despatch Company. It is a turnkey job of 400 KV double circuit and quad circuit transmission lines of 173 km length connecting Fujairah substation to Sweihan substation, KEC International said in a filing to the Bombay Stock Exchange.
"The win of Abu Dhabi is our single largest win, in dollar terms ever," KEC Managing Director Ramesh Chandak said.
In Algeria, the company will undertake the job of 400 KV single circuit transmission line from Cheffia to Ain Bedia and from R Djamel to Djendouba. This project from SONELGAZ is worth Rs 246 crore and has to be completed in 15 months.
Shares of the company closed at Rs 873.40, up 4.58 per cent on the BSE.
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