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KEC International Bags Two New Projects Worth Rs. 637 Crores - KEC International Ltd. (KEC), part of the Rs. 11,500 crore RPG Group, has bagged two major project wins in Abu Dhabi and Algeria worth Rs. 391 crores and Rs. 246 crores respectively through an international competitive bidding process
KEC International Bags Two New Projects Worth Rs. 637 Crores

 

NewswireToday - /newswire/ - Mumbai, Maharashtra, India, 2007/11/30 - KEC International Ltd. (KEC), part of the Rs. 11,500 crore RPG Group, has bagged two major project wins in Abu Dhabi and Algeria worth Rs. 391 crores and Rs. 246 crores respectively through an international competitive bidding process.

   
 
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In Abu Dhabi, KEC’s job, to be completed in 24 months, is for the Abu Dhabi Transmission & Despatch Company (TRANSCO). It is a turnkey job of 400 KV double circuit and quad circuit transmission lines of 173 kms. length connecting Fujairah substation to Sweihan substation.

In Algeria, for SONELGAZ, KEC will undertake a turnkey job of 400 KV single circuit transmission line from Cheffia to Ain Bedia and from R. Djamel to Djendouba. This project has a completion period of 15 months.

“The size of these wins underlines KEC’s status as among the largest and most sought after Transmission EPC players in the world. The win in Abu Dhabi is our single largest win, in dollar terms, ever. I am delighted with the growth in our international operations through the year thus far,” said Ramesh Chandak, Managing Director, KEC International Ltd.

In a lighter vein, Mr Chandak concluded, “This is the best Diwali gift for KEC and its stakeholders.”

About KEC International
KEC International Ltd (kecrpg.com) is a global leader in the power transmission engineering, procurement and construction (EPC) business. With global operations spanning over 15 countries, the company is present in UAE, Libya, Tunisia, Algeria, Afghanistan, Nigeria, Iraq, Kuwait, Oman, Zambia and Ethiopia among several other countries. KEC is the flagship company in the transmission sector of the Rs. 11,500 crore RPG Group.

For further information, please contact:
Kiran Bhatia:
P: +91 22 6667200 x311 / M: +91 98 9263 3446 - E: bhatiakh[.]kecrpg.com.

 
 
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KEC International Bags Two New Projects Worth Rs. 637 Crores

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Publisher Contact: Priti Dalal - KECRPG.com 
+91 98 2086 0627 pritimel[.]gmail.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RPG Enterprises securities in any jurisdiction including any other companies listed or named in this release.

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