KEC Wins Contracts Worth 2,872 Crore Rupees, Its Largest Ever for India’s Transmission and Distribution Business
Key Facts
KEC International said on October 24, 2026, that it had won turnkey contracts worth 2,872 crore rupees from Power Grid Corporation of India, known as PGCIL. The company said the deal includes its largest-ever order for transmission and distribution work in India. The contracts cover the design, supply and installation of high-voltage transmission lines at 765 kV. The projects are linked to evacuating 8.5 gigawatts of renewable energy in Gujarat. The size of the new contract puts orders in the company’s core Indian business at the center of the announcement, alongside a rise in total orders since the start of the financial year.
The Economic Times quoted Chief Executive Vimal Kejriwal as describing the deal as “the largest-ever order for our Indian transmission and distribution business.” The description defines the record as applying to transmission and distribution work in India; it does not refer to the company’s total business or its other segments. Contract execution covers the design, supply and installation stages for 765-kV lines. This places the company in a role building the infrastructure needed to transmit renewable energy linked to the Gujarat projects. The capacity associated with these projects was 8.5 gigawatts, according to the statement cited by the newspaper.
According to figures reported by The Economic Times, the value of orders secured by KEC since the start of the financial year had topped 13,500 crore rupees as of October 24. Transmission and distribution accounted for about 9,500 crore rupees of that total, making it the largest specified component in the published order figures. The figure reflects contracts flowing to the core division, while the announcement gave no figure for resulting revenue or profit. The company had announced new orders worth 1,006 crore rupees on October 23 across transmission and distribution, civil, and cables. In that earlier announcement, it said total orders since the start of the financial year had topped 10,600 crore rupees; the PGCIL contracts announced the following day then lifted the reported total to more than 13,500 crore rupees.
The order figures allow a comparison between the two consecutive announcements: the October 23 orders covered transmission and distribution, civil, and cables, while the deal announced on October 24 focused on high-voltage transmission lines for PGCIL. The public announcement gave no details on the contracts’ execution schedule or the allocation of their value across stages, and did not specify an expected financial impact. A day before the new announcement, KEC shares closed at 327.75 rupees on October 23, down 1.27% during the session, according to Upstox data. The available information does not include a share price or movement after the October 24 announcement. The next figure reported in these facts remains total orders of more than 13,500 crore rupees as of the announcement date, with about 9,500 crore rupees contributed by transmission and distribution.