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KEC International Bags Two New Projects Worth Rs. 400 Crores - KEC International Ltd (KEC), part of the Rs. 11,500 crore RPG Group, has bagged two contracts in Saudi Arabia and Namibia worth Rs. 260 crores and Rs. 140 crores respectively through an international competitive bidding process
KEC International Bags Two New Projects Worth Rs. 400 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 contracts in Saudi Arabia and Namibia worth Rs. 260 crores and Rs. 140 crores respectively through an international competitive bidding process.

   
 
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In Saudi Arabia, the contract, to be completed in 22 months, is for the Saudi Arabian Mining Company (MA’ADEN). It is a turnkey job of 380 KV double circuit transmission lines of 123 kms. length connecting Saudi Arabia Electricity Company’s substation to MA'ADEN Power Plant Site at Ras Az Zawr. KEC had earlier won a project in Saudi Arabia worth Rs 95 crores in June 2007.

In Namibia, KEC has been awarded a turnkey job of 350 KV double circuit bipolar HVDC transmission line of 306 kms. from Bagani to Zambezi for NAMPOWER. This project has a completion period of 22 months.

“Both these orders are very significant for KEC. The Saudi Arabian contract is from a mining company which marks an expansion of our client base from the current clientele which largely comprises of utilities”, said Ramesh Chandak, Managing Director, KEC International Ltd. “The turnkey job in Namibia along with a tower supply order obtained earlier in South Africa, marks our full-fledged entry into the South African Development Council (SADC) market. With this entry, KEC can now boast of complete geographical coverage of the African continent”, he continued.

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 9892633446 - E: bhatiakh[.]kecrpg.com.

 
 
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Written by / Agency / Source: RPG Enterprises

 
 

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KEC International Bags Two New Projects Worth Rs. 400 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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