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Saudi Arabia's NEOM awards $138 m mega power contract to India’s KEC International

 

Saudi Arabia's NEOM awards $138 m mega power contract to India’s KEC International

In a major development, India's KEC International, a prominent player in the power construction sector, has secured a substantial $138 million contract. The contract pertains to the design, supply, and installation of a 380 kV overhead transmission line, a pivotal component of Saudi Arabia's ambitious NEOM giga-project.

 

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Vimal Kejriwal, the Managing Director and Chief Executive Officer of KEC International, proudly announced this noteworthy agreement. He pointed out that the year-to-date order intake has now exceeded INR 75 billion, representing a remarkable 30 percent growth compared to the previous year. This achievement highlights the company's robust presence in the global power transmission and distribution sector.

 

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It's worth noting that KEC International is a flagship company within the RPG Group in India. The company has made significant strides in contributing to the energy infrastructure transformation of mega-projects worldwide, further solidifying its position as a key player in the industry.

Source: https://www.utilities-me.com/

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