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KEC International signs agreements with Warora-Kurnool Transmission

19 Apr 2021 Evaluate

KEC International (KEC) has signed project/novation agreements with Warora-Kurnool Transmission (WKTL), a subsidiary of Adani Transmission (ATL) for Rs 477 crore to complete the balance work of the Transmission lines in the states of Andhra Pradesh, Maharashtra and Telangana and release of the earlier dues of this project. The execution of these transmission lines is expected to commence shortly. ATL had signed agreements with Essel Infraprojects (EIL) on March 26, 2021 for acquisition of WKTL.

KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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