Construction Industry News
According to a statement, the company has orders for transmission and distribution (T&D) projects in India, SAARC, the Middle East, East Asia Pacific and the Americas. In terms of civil cases, it has obtained a contract in the urban infrastructure segment of India, and the company has obtained contracts for a variety of cables, both nationally and internationally.
Vimal Kejriwal, Managing Director and Chief Executive Officer, KEC International, commented on the win and that they are pleased with the traction of order inflows throughout the year. With these orders, the company's total order inflow for FY23 stands at an all-time high of Rs 22,378 crore, a significant growth of 30 percent from last year.
Their T and D order books have increased significantly as a result of orders, particularly in the overseas market. With a contract in the urban infrastructure sector, our civil company has further strengthened its position. These purchases, along with others announced earlier this year, reinforce our confidence that we will eventually achieve the desired development, Kejriwal added.
Energy transmission and distribution, railways, civil and urban infrastructure, solar, smart infrastructure, oil and gas pipelines, and cables are all areas where KEC is present. The company has a presence in more than 110 countries and is actively working on infrastructure projects in more than 30 of them, the statement said. These projects include the supply of towers and cables, as well as EPC. It is the primary activity of the RPG Group.
RPG Enterprises, which has annual sales of $4 billion, is one of India's fastest-growing business groups, the statement claims. The group has several commercial interests, including those in new, innovation-driven technology industries, as well as in the infrastructure, tires, pharmaceuticals, IT and specialty sectors.
