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KEC International gets orders worth Rs227 cr from Power Grid

KEC International gets orders worth Rs227 cr from Power Grid
PTI
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First Published: Thu, Feb 26 2009. 03 32 PM IST
Updated: Thu, Feb 26 2009. 03 32 PM IST
Mumbai: Power equipment maker KEC International today said it has secured two orders worth Rs227 crore from Power Grid Corporation for supplying power transmission equipment.
In a filing to the Bombay Stock Exchange, the company said it has received two 765 kV S/c projects in Madhya Pradesh and Maharashtra and in Punjab and Haryana from PGCIL.
“We are delighted that our order pipeline is flowing continuously. Power Grid Corporation is very important customer for us,” KEC International Managing Director and CEO Ramesh Chandak said.
The two orders are worth Rs124 crore and Rs103 crore, the filing added.
The first order is for the supply and construction of 765 Kv S/c transmission line to be constructed in the states of Madhya Pradesh and Maharashtra. The total length of lines is 135 Kms and the project is scheduled to be completed by February 2011, it added.
Further, the second order is for supply and construction of 765 kV system in the state of Punjab and Haryana. The total length of lines are 160 Kms and the project is scheduled to be completed by May 2011, it added.
Shares of KEC International were trading at Rs129.10, up 1.02% on the BSE today.
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First Published: Thu, Feb 26 2009. 03 32 PM IST