KEC International wins Rs380 crore order in Kazakhstan

06 Jun 2007

1
KEC International Ltd has bagged a major Rs380 crore (approximately $94 million) order in Kazakhstan.

The company has been mandated to design, construct and commission a 475km transmission line of 500 Kv in the Ekibastuz-Agadyr section of the North-South electricity transit.

This World Bank funded project will be executed over a period of 27 months for the Kazakhstan Electricity Grid Operating Company (KEGOC).

The company, which has a current order book of over Rs3,000 crore, won the order against Japanese and Korean rivals.

KEC already has an on-going project with KEGOC, valued at over Rs260 crore, involving the design, construction and commissioning of a 500 kv transmission line over 250 kilometres in the Yukgres Shu section of Kazakhstan''s North-South Electricity Transit.

"This success is important to us. KEGOC is to Kazakhstan what Power Grid Corporation is to India. This is a very challenging project. Our people will be working under extreme weather conditions that could touch minus 45 degree centigrade," said Vimal Kejriwal, executive director, international business, KEC International. "With this win, our strategy of capturing market share in CIS countries has truly begun yielding results. We look forward to leveraging our Kazakh experience across Central Asia," he added.



 

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