Credit rating agency, CARE has reaffirmed A+ rating to KEC International’s long-term bank facilities worth Rs 1,317.96 crore. The rating agency has also reaffirmed A1 rating to the company’s short term bank facilities worth Rs 6350.00 crore
The company has received the said rating reaffirmation on the back of its experienced management, the company’s long track record in the power transmission sector, strong and geographically diversified order book position.
KEC International is global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of power transmission, power systems, cables, railways, telecom and water.