KEC International bags orders worth Rs. 845 crore in the Railway Infrastructure sector
19/08/2019 16:13
Global infrastructure EPC firm, KEC International Limited said that, “it has secured its first orders of Rs. 845 crore in the emerging Regional Rapid Transit System (RRTS) and Metro sectors in India,” in a filing to Bombay Stock Exchange.

As per the company, it has got Regional Rapid Transit System (RRTS) order for construction of elevated viaduct and stations of the Delhi - Meerut Regional Rapid Transit System (RRTS) corridor, from National Capital Region Transport Corporation (NCRTC) of Rs. 580 crore.

Further Metro order for construction of viaduct along with stations for the Phase 1 extension of Kochi metro rail project, from Kochi Metro Rail Limited (KMRL) of Rs. 265 crore.

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the order wins in the RRTS and Metro sectors, which are in line with our strategy for expanding our Railway presence.’

“These orders mark our entry into the urban transport sector and further expands our client portfolio. This foray will also help us in building a robust executable order book, thus enabling us to scale up the business and achieve the desired growth plans," Vimal said.

The shares of KEC International traded at Rs. 294.70 apiece, high at 5.40 points or 1.87 per cent on the BSE.