KEC International secures ₹1,034 crore in new orders, expands into semiconductor sector

Shares of engineering, procurement and construction major KEC International soared nearly 5 per cent on Tuesday after the company won new orders

KEC International Ltd, a global infrastructure EPC company under the RPG Group, has secured new orders worth ₹1,034 crore across multiple business segments. The company has notably made its first entry into the semiconductor segment through its civil business division.

The shares of KEC International Ltd were trading at ₹729.75 up by ₹34.90 or 5.02 per cent on the NSE today at the closing bell.

The new orders include a STATCOM project from a global OEM in India and supply contracts for towers, hardware, and poles in the Americas through its transmission & distribution division. The civil business secured a contract to establish a semiconductor plant for a prominent private player in India and an upstream project for a leading steel company. The cables division received orders for supplying various types of cables across India.

Vimal Kejriwal, Managing Director and CEO of KEC International, described these as “prestigious order wins in emerging and high-growth segments.” He highlighted that securing the semiconductor sector contract marks a significant achievement for the civil business while obtaining the first-ever STATCOM segment order represents a strategic advancement in the company’s substation value chain.

KEC International operates in over 110 countries with a diverse portfolio spanning power transmission & distribution, civil, transportation, renewables, oil & gas pipelines and cables. As the flagship company of RPG Enterprises, it contributes to the group’s annual turnover of $4.8 billion.