Power firm KEC International bags Rs.801 crore ordersMarch 31st, 2011 - 3:20 pm ICT by IANS
New Delhi, March 31 (IANS) Power transmission major KEC International Thursday said that it has bagged orders worth Rs.801 crore for power transmission and cable works from national and international firms.
In the international market, KEC International secured Rs.386 crore orders from Saudi Arabia, South Africa, the US and Brazil.
In the domestic market, the company secured three orders from Power Grid Corporation of India (PGCIL) for Rs.224 crore and another one from state utility Aptransco worth Rs.84 crore.
“The geographical and business diversification is helping KEC in securing orders continuously,” said Ramesh Chandak, chief executive officer and managing director, KEC International.
At the Bombay Stock Exchange, the shares of the company were 3.76 percent up to trade at Rs.84.15.
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