KEC International has announced securing new orders worth ₹2,518 crore across its various business segments, marking a significant achievement for the global infrastructure EPC major. The orders span across Civil, Transportation, Transmission & Distribution (T&D), and Cables & Conductors businesses, demonstrating the company's diversified operational strength.

Business-wise Order Breakdown

The comprehensive order win showcases KEC International's multi-segment capabilities and market presence across different infrastructure verticals.

Strategic Significance

The Civil business achievement represents a major milestone, securing its largest-ever commercial real estate order from a leading real estate developer in Western India. This adds a marquee client to the company's portfolio and strengthens its position in the commercial construction segment.

The Transportation business continues expanding its presence in the growing Train Collision Avoidance System (TCAS) segment under 'Kavach', contributing to enhanced safety for Indian Railways through advanced technology solutions.

International Market Expansion

The T&D business has secured diverse international orders including 400/132/66 kV transmission lines in Africa, additional transmission lines and substations in international markets, supply of towers in Europe and the Americas, and hardware and poles supply in the Americas. The successive order wins in Africa reflect recovery in the T&D market in that region.

Management Commentary

Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed satisfaction with the order wins across businesses, highlighting the Civil business milestone and Transportation business growth in the TCAS segment. He noted the continued diversification of the international T&D order book across geographies and the positive market recovery signals from Africa.

Company Profile

KEC International operates as a global infrastructure Engineering, Procurement and Construction (EPC) major with presence across Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines and Cables & Conductors verticals. The company maintains a footprint in over 110 countries and serves as the flagship company of the RPG Group.

KEC International has received a significant boost to its environmental, social, and governance (ESG) credentials with MSCI ESG Ratings upgrading the company's rating from 'BBB' to 'A', effective March 23, 2026.

Rating Upgrade Details

The infrastructure engineering and construction company formally notified the stock exchanges about this development through an official communication dated March 27, 2026. The upgrade represents a notable improvement in the company's ESG performance as assessed by MSCI's comprehensive rating methodology.

Regulatory Communication

KEC International's Company Secretary and Compliance Officer, Suraj Eksambekar, signed the official intimation letter that was submitted to both major Indian stock exchanges. The communication was addressed to the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with disclosure requirements for material developments.

ESG Rating Significance

MSCI ESG Ratings evaluate companies based on their exposure to industry-specific ESG risks and their ability to manage those risks relative to peers. The upgrade from 'BBB' to 'A' indicates that KEC International has demonstrated improved performance across environmental, social, and governance parameters. This enhancement positions the company more favorably among institutional investors who increasingly prioritize ESG factors in their investment decisions.

Corporate Governance

The timely disclosure of the rating upgrade demonstrates KEC International's commitment to transparency and regulatory compliance. The company ensured that stakeholders were promptly informed about this positive development through proper channels, maintaining adherence to stock exchange notification requirements.