KEC International Wins ₹1,050 Crore Orders, Enters Wind Energy Segment
KEC International announced new contracts worth ₹1,050 crores spanning multiple business segments, with a landmark entry into wind energy through a 100+ MW project in South India. The diversified order portfolio includes civil works for steel companies, T&D supply orders in the Americas, and cables business expansion, bringing the company's year-to-date order intake to approximately ₹19,300 crores.
*this image is generated using AI for illustrative purposes only.
KEC International started the new year with a significant milestone, securing new contracts worth ₹1,050 crores across multiple business segments including renewables, civil construction, transmission and distribution (T&D), and cables and conductors. The diversified infrastructure company marked its strategic entry into the wind energy sector with a breakthrough order, expanding its renewable energy portfolio while strengthening its position across key infrastructure segments.
Contract Portfolio and Strategic Market Entry
The newly acquired contracts demonstrate KEC International's expanding footprint across critical infrastructure sectors:
| Contract Type: | Details |
|---|---|
| Total Contract Value: | ₹1,050 crores |
| Wind Project: | 100+ MW Wind Project - Balance of Plant (BoP) package |
| Civil Works: | Buildings & Factories downstream project for steel company |
| T&D Supply Orders: | Towers, hardware and poles supply in Americas |
| Cables & Conductors: | Various cables and conductors in India and overseas |
The breakthrough order for a 100+ MW wind power project in South India represents KEC International's maiden entry into the wind energy segment. Secured from a private developer, this contract marks the company's strategic expansion into the fast-growing wind power market within the renewable energy sector.
Business Segment Performance
KEC International's civil business secured an order in the Buildings & Factories (B&F) segment from an existing client for execution of a downstream project in western India for a leading steel company. In the T&D business, the company has secured orders for supply of towers, hardware and poles in the Americas, with its subsidiary SAE Towers winning significant tower supply orders in Mexico, indicating improved demand in the North American transmission market.
| Business Segment: | Order Details |
|---|---|
| Renewables: | Maiden wind energy project in South India |
| Civil (B&F): | Downstream project for steel company in western India |
| T&D Americas: | Tower, hardware and poles supply orders |
| SAE Towers: | Significant tower supply orders in Mexico |
| Cables Business: | Various cables and conductors supply in India and overseas |
Management Commentary and Order Book
Vimal Kejriwal, Managing Director and CEO of KEC International, expressed satisfaction with the new order wins, stating: "We are pleased with the new order wins across businesses especially the maiden order in the Wind Energy segment secured by our Renewables business, marking our entry into this fast-growing area of the Renewable energy sector."
With these latest orders, KEC International's year-to-date order intake stands at approximately ₹19,300 crores, strengthening revenue visibility across multiple business verticals. The company had previously secured its largest T&D business order in India worth ₹1,150 crores in December, highlighting consistent order momentum.
Market Performance
Shares of KEC International are currently trading at ₹736.70 apiece, down 0.16% from the day's opening on the NSE. The stock performance reflects market response to the company's diversified order wins and strategic expansion into new renewable energy segments, positioning the company for growth across multiple infrastructure verticals.
Historical Stock Returns for KEC International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.41% | -9.20% | -14.77% | -26.86% | -28.59% | +77.63% |
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