homevideos Newsearnings NewsTransmission rollout in states would support order inflow, says KEC International

Transmission rollout in states would support order inflow, says KEC International

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By CNBC-TV18 May 15, 2018 10:44:49 AM IST (Published)

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Strong execution in railways and transmission and distribution (T&D) drove growth in fourth quarter, said Vimal Kejriwal, Managing Director and Chief Executive officer, KEC International.

Talking about order book, he said it is in excess of Rs 18,000 odd and Rs 1,500 odd of L1 (Lowest Bidder). So, roughly around Rs 20,000 crore figure remains on the order book side.
On electrification front, Kejriwal said the company plays significant role in setting transmission for states. Therefore, transmission rollout in states would support order inflow.
“Our order book today in railways is close to Rs 5,000 crore,” he added.
KEC International posted a strong set of Q4 earnings, beating even the escalated expectations.
 

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