KEC International Secures Rs 1,034-Crore Orders, Expands T&D and Semiconductor Ventures
KEC International, part of the RPG Group, has acquired Rs 1,034-crore in new orders for T&D, civil, and cables sectors. The orders include global and domestic projects like establishing a semiconductor plant in India. This marks a strategic expansion in the substation value chain and semiconductor segment.
- Country:
- India
KEC International, the flagship company of the RPG Group, has announced new orders amounting to Rs 1,034 crore in both domestic and international markets.
The orders span multiple sectors, including transmission & distribution (T&D), civil, and cables. The contracts involve supply requirements in the Americas and a significant semiconductor project in India.
CEO Vimal Kejriwal highlighted the company's achievements, marking entry into the semiconductor sector and milestone order in the STATCOM segment, pointing to KEC's strategic growth initiatives in high-growth areas.
(With inputs from agencies.)
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