KEC bags Rs 97.53 cr contract from Power Grid

KEC International has bagged Rs 97.53 crore contracts from Power Grid Corporation of India.

MUMBAI: KEC International has bagged Rs 97.53 crore contracts from Power Grid Corporation of India. The first Rs 56.87 crore contract is for 400 KV double circuit Ranchi-Rourkela transmission line and second contract is for Rs 40.66 crore for 132 KV single circuit and double circuit transmission line in North Bihar.

The North Bihar and Ranchi projects are scheduled to be completed by July 2009 and November 2009 respectively.

At 2:09 pm, KEC International shares were down 2.40 per cent at Rs 715 on BSE.
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