The EPC (Engineering, Procurement, and Construction) sector is witnessing strong growth prospects, driven by increased infrastructure investments and demand for modernized systems across various industries. With its diverse presence in critical verticals such as Power Transmission and Distribution, Railways, Civil and urban Infrastructure, Solar, Oil & Gas Pipelines, and Cables, the sector is poised to benefit from the growing need for efficient and sustainable solutions. The rapid urbanization, energy transition, and government initiatives in infrastructure development further enhance the growth outlook for EPC companies.
One of the key players in this space is an EPC major, the flagship company of the RPG Group, known for its leadership in multiple sectors. As the sector continues to expand, stocks of such companies are expected to show significant potential, attracting investor interest due to their diversified portfolios and exposure to high-growth industries.
Share Price
The shares of K E C International Limited are trading at Rs. 793.1 down by 4.89% as of January 27, 2025, from its previous close of Rs. 833.9. The stock also touched an intraday low of Rs. 777.
Recent Update
KEC International Ltd., a global infrastructure EPC major and an RPG Group company, has secured new orders worth Rs. 1,445 crores for Transmission & Distribution (T&D) projects in India. The orders include ± 800 kV HVDC and 400 kV Transmission line projects, awarded by Power Grid Corporation of India Limited (PGCIL).
These projects strengthen KEC’s position in the Indian T&D sector and underscore its capabilities in executing high-value, large-scale infrastructure projects critical to the country’s power transmission network.
Management Commentary
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with the significant order wins, particularly the prestigious order in the HVDC segment in India. This order further strengthens our presence in the HVDC market where we are already executing a HVDC terminal station project for a reputed private client. We remain highly optimistic about the India T&D business, driven by the ever-increasing power demand and the Government of India’s unwavering focus on expanding renewable energy projects. With these new orders, our YTD order intake has surpassed Rs. 22,000 crores, reflecting a stellar growth of more than 70% vis-à-vis last year.”
About the Company
KEC International is a global infrastructure Engineering, Procurement, and Construction (EPC) major. It has a presence in the verticals of Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (including EPC, Supply of Towers, and Cables). It is the flagship Company of the RPG Group.
Written By: Dipangshu Kundu
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