KEC International has entered into an agreement for sale of its freehold land admeasuring more than 7.3 acres at the rate of Rs 29 crore per acre with Ardent Properties, a 100% subsidiary of Tata Housing Development Company. The said land is located at Pokhran Road No. 2, Village, Majiwade Taluka, Thane district in state of Maharashtra. The company expects to complete all the formalities in a period of about 3 months.
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission, power systems, cables, railways, telecom and water.
