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23 October, 2018 10:56 IST
KEC International secures order worth Rs 14.96 bn
Source: IRIS | 10 Oct, 2018, 09.51AM
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KEC International, a global infrastructure EPC major, an RPG Group Company, has secured new turnkey order of Rs 14.96 billion in its Transmission & Distribution business in Bangladesh for Design, Supply and Installation of 400 kV Meghnaghat-Madunaghat Double Circuit Transmission Line.

Vimal Kejriwal, MD & CEO, KEC International, commented, "We ore very happy with the order win in the international market in our core T&D business. With this large order win, Bangladesh is emerging as a major growth driver in the SAARC region. This order along with the orders announced earlier during the year, reaffirms our confidence in achieving the targeted growth."

Shares of the company gained Rs 11.4, or 4.57%, to trade at Rs 261.10. The total volume of shares traded was 15,524 at the BSE (9.43 a.m., Wednesday).

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