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		<title>Prostarm Info Systems Bags Major EPC Contract</title>
		<link>https://www.finblab.com/prostarm-info-systems-bags-major-epc-contract/</link>
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		<dc:creator><![CDATA[Vishal Dalwadi]]></dc:creator>
		<pubDate>Wed, 08 Apr 2026 10:05:15 +0000</pubDate>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Stock Market]]></category>
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		<category><![CDATA[Solarium Green Energy Limited]]></category>
		<guid isPermaLink="false">https://www.finblab.com/?p=7178</guid>

					<description><![CDATA[<p>Prostarm Info Systems Bags Major EPC Contract For ₹165 Crores. &#160; Prostarm Info Systems Limited, a company that specializes in the power electronics solutions, on Tuesday, April 7, 2026, announced that, The Company has received a Letter of Award (LOA), as a sub-contractor, from Solarium Green Energy Limited, A domestic entity. Source: BSE. &#160; Contract</p>
<p>The post <a href="https://www.finblab.com/prostarm-info-systems-bags-major-epc-contract/">Prostarm Info Systems Bags Major EPC Contract</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><span style="color: #ff6600;"><strong>Prostarm Info Systems Bags Major EPC Contract For ₹165 Crores.</strong></span></p>
<p>&nbsp;</p>
<p style="text-align: justify;"><a href="https://www.finblab.com/prostarm-info-systems-ipo/"><span style="color: #0000ff;"><strong>Prostarm Info Systems Limited</strong></span></a>, a company that specializes in the power electronics solutions, on Tuesday, April 7, 2026, announced that,</p>
<p style="text-align: justify;">The Company has received a <em>Letter of Award</em> (LOA), as a sub-contractor, from Solarium Green Energy Limited, A domestic entity. <strong>Source: <a href="https://www.bseindia.com/stock-share-price/prostarm-info-systems-ltd/prostarm/544410/corp-announcements/"><span style="color: #0000ff;">BSE</span></a></strong>.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Contract Details</strong></h5>
<p style="text-align: justify;">According to the exchange data, Solarium Green Energy Ltd has awarded Prostarm Info Systems a contract for the execution of End-to-End <a href="https://en.wikipedia.org/wiki/Engineering,_procurement,_and_construction"><span style="color: #0000ff;"><strong>EPC</strong></span></a> works for 50 MWac Solar PV Power Project in the State of Maharashtra, India.</p>
<p style="text-align: justify;">As per details, the contract is awarded under a project of Maharashtra State Power Generation Company Limited (<a href="https://en.wikipedia.org/wiki/Maharashtra_State_Power_Generation_Company"><span style="color: #0000ff;"><strong>MAHAGENCO</strong></span></a>) on a turnkey basis excluding 3 years of Operation &amp; Maintenance (O&amp;M) services.</p>
<p style="text-align: justify;">The new contract is in accordance with project specifications, and it has been accepted by Prostarm on April 7, 2026, a company spokesperson said.</p>
<p style="text-align: justify;">Last month, on March 17, 2026, <a href="https://www.finblab.com/prostarm-info-systems-wins-a-new-order-from-wbmsc/"><span style="color: #0000ff;"><strong>Prostarm Info</strong></span></a> has secured a contract for the supply of UPS systems from WBMSC for ₹90.44 crore.</p>
<p>&nbsp;</p>
<div id="attachment_6589" style="width: 760px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-6589" class="wp-image-6589 size-full" title="Prostarm Info Systems Bags Major EPC Contract" src="https://www.finblab.com/wp-content/uploads/2025/05/Prostram-1.png" alt="Prostarm Info Systems Bags Major EPC Contract" width="750" height="500" srcset="https://www.finblab.com/wp-content/uploads/2025/05/Prostram-1.png 750w, https://www.finblab.com/wp-content/uploads/2025/05/Prostram-1-300x200.png 300w" sizes="(max-width: 750px) 100vw, 750px" /><p id="caption-attachment-6589" class="wp-caption-text">Prostarm Info Systems Bags Major EPC Contract</p></div>
<h5 style="text-align: justify;"><strong>Contract Value</strong></h5>
<p style="text-align: justify;">The total value of the EPC contract is approximately <strong>₹165 Crores</strong> (Rupees One Hundred Sixty-Five Crores only) exclusive of <a href="https://en.wikipedia.org/wiki/Goods_and_Services_Tax_(India)"><span style="color: #0000ff;"><strong>GST</strong></span></a>.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Duration</strong></h5>
<p style="text-align: justify;">The time period shall be as specified in the definitive EPC Agreement to be executed between the parties.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>MOU with Shenzhen</strong></h5>
<p style="text-align: justify;">The Company management officials also informed the exchange that,</p>
<p style="text-align: justify;">Prostarm Info Systems has signed an Memorandum of Understanding (<a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/72fcc206-126c-4575-9349-c564872203c4.pdf">MOU</a>) with Shenzhen Topband Co. Ltd (<strong>TOPBAND</strong>), a limited liability company incorporated under the laws of the People’s Republic of China,  in their meeting held on April 07, 2026.</p>
<p style="text-align: justify;">The proposed MOU is intended to establish a collaborative framework between the parties for the purpose of exploring a potential strategic alliance for Exclusive Cooperation under a <strong><a href="https://en.wikipedia.org/wiki/Battery_energy_storage_system"><span style="color: #0000ff;">Battery Energy Storage System</span></a> (BESS)</strong>.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Exchange Compliance</strong></h5>
<p style="text-align: justify;">The Company has filed these details in accordance with Regulation 30 of the <a href="https://en.wikipedia.org/wiki/Securities_and_Exchange_Board_of_India"><span style="color: #0000ff;"><strong>Securities and Exchange Board of India</strong></span></a> (Listing Obligations and Disclosure Requirements Regulations), 2015 (the “SEBI Listing Regulations”).</p>
<p>&nbsp;</p>
<p style="text-align: justify;">Refer to <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/1fa60618-e332-42eb-8d32-38d74314e675.pdf"><span style="color: #0000ff;"><strong>Prostarm info systems ltd latest</strong></span></a> news for further details.</p>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>Market Cap:</strong> The company’s market capitalization is ₹825 Cr.</p>
<p style="text-align: justify;"><strong>Technical:</strong> The stock is trading above is 20-day SMA but below its 50-day, 100-day, and 200-day simple moving averages.</p>
<p style="text-align: justify;"><strong>Price Performance:</strong> On a year-to-date (YTD) basis, Prostarm Info Systems has lost 21.35% and is down 21.15% in the last three-month period. However, the company’s shares are trading 7.65% higher in the last one-month period.</p>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>ALSO READ:</strong></p>
<p style="text-align: justify;"><a href="https://www.finblab.com/vikran-engineering-secures-msedcl-order/"><span style="color: #0000ff;">Vikran Engineering Secures MSEDCL Order</span></a></p>
<p style="text-align: justify;"><a href="https://www.finblab.com/rvnl-bags-south-central-railway-contract/"><span style="color: #0000ff;">RVNL Bags South Central Railway Contract</span></a></p>
<p style="text-align: justify;"><a href="https://www.finblab.com/gst-2-0-news/"><span style="color: #0000ff;">GST collections March 2026</span></a></p>
<p>&nbsp;</p>
<hr />
<p style="text-align: justify;"><strong>Disclaimer</strong>: This article is purely for informational purposes. The data presented here are for information &amp; personal use only. While much time and effort is made to provide the information, I (<strong>Vishal Dalwadi)</strong> or (<strong>FinBlab)</strong> do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.</p>
<hr />
<p>&nbsp;</p>
<p>The post <a href="https://www.finblab.com/prostarm-info-systems-bags-major-epc-contract/">Prostarm Info Systems Bags Major EPC Contract</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
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		<title>Pace Digitek Secures NTPC EPC Contract</title>
		<link>https://www.finblab.com/pace-digitek-secures-ntpc-epc-contract/</link>
					<comments>https://www.finblab.com/pace-digitek-secures-ntpc-epc-contract/#respond</comments>
		
		<dc:creator><![CDATA[Vishal Dalwadi]]></dc:creator>
		<pubDate>Tue, 31 Mar 2026 10:10:59 +0000</pubDate>
				<category><![CDATA[Latest News]]></category>
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		<category><![CDATA[battery energy storage systems]]></category>
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		<category><![CDATA[Pace Digitek News today]]></category>
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		<category><![CDATA[solarworld energy solutions news]]></category>
		<guid isPermaLink="false">https://www.finblab.com/?p=7139</guid>

					<description><![CDATA[<p>Pace Digitek Secures NTPC EPC Contract for ₹494 Crores. &#160; Pace Digitek Limited, a company that manufactures battery energy storage systems and lithium-ion battery products, on Monday, March 30, 2026, announced that, The Company has received a Letter of Acceptance from NTPC Limited, a domestic entity, for battery energy storage systems (BESS). Source: BSE. &#160;</p>
<p>The post <a href="https://www.finblab.com/pace-digitek-secures-ntpc-epc-contract/">Pace Digitek Secures NTPC EPC Contract</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><span style="color: #ff6600;"><strong>Pace Digitek Secures NTPC EPC Contract for ₹494 Crores.</strong></span></p>
<p>&nbsp;</p>
<p style="text-align: justify;"><a href="https://www.finblab.com/pace-digitek-ipo-review/"><span style="color: #0000ff;"><strong>Pace Digitek Limited</strong></span></a>, a company that manufactures battery energy storage systems and lithium-ion battery products, on Monday, March 30, 2026, announced that,</p>
<p style="text-align: justify;">The Company has received a <em>Letter of Acceptance</em> from NTPC Limited, a domestic entity, for <a href="https://en.wikipedia.org/wiki/Battery_energy_storage_system"><span style="color: #0000ff;"><strong>battery energy storage systems</strong></span></a> (BESS). <strong>Source:</strong> <a href="https://www.bseindia.com/stock-share-price/pace-digitek-ltd/pacedigitk/544550/corp-announcements/"><span style="color: #0000ff;"><strong>BSE</strong></span></a>.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>NTPC Contract Details</strong></h5>
<p style="text-align: justify;"><a href="https://en.wikipedia.org/wiki/NTPC_Limited"><span style="color: #0000ff;"><strong>National Thermal Power Corporation</strong></span></a> (NTPC), India&#8217;s largest state-owned power utility, has awarded Pace Digitek <strong>a contract for</strong></p>
<p style="text-align: justify;">The supply for Engineering, Procurement, and Construction (<strong><a href="https://en.wikipedia.org/wiki/Engineering,_procurement,_and_construction"><span style="color: #0000ff;">EPC</span></a> Package</strong>) <strong>for BESS Implementation</strong> at Nabinagar Super Thermal Power Station.</p>
<p style="text-align: justify;">The contract includes <strong>Comprehensive Annual Maintenance</strong> for the entire design life of the BESS system, as part of the EPC Package for BESS Implementation at the proposed destination.</p>
<p style="text-align: justify;">Pace Digitek will <strong>provide services</strong>, such as loading and transportation of equipment from the manufacturer’s works to the proposed site.</p>
<p style="text-align: justify;">Other variables, such as inland transit insurance, delivery at site, receipt, unloading, handling, storage, preservation, conservation, and in-plant transportation, as well as insurance covers (other than inland transit insurance), will be borne by Pace_Digitek.</p>
<p style="text-align: justify;">The Contract also includes Installation (erection), including Civil, Structural, and Architectural Works, Site Fabricated, Steel Structures, testing, Pre-Commissioning, commissioning, and conducting Guarantee tests of all the plant and equipment or materials supplied under the <strong>First Contract</strong>.</p>
<p style="text-align: justify;">Lastly, Pace_Digitek will provide training and safety-related issues for the EPC Package for BESS Implementation at Nabinagar Super Thermal Power Station.</p>
<p>&nbsp;</p>
<div id="attachment_7142" style="width: 1010px" class="wp-caption aligncenter"><img decoding="async" aria-describedby="caption-attachment-7142" class="wp-image-7142 size-full" title="Pace Digitek Secures NTPC EPC Contract" src="https://www.finblab.com/wp-content/uploads/2026/03/pace-1.png" alt="Pace Digitek Secures NTPC EPC Contract" width="1000" height="500" srcset="https://www.finblab.com/wp-content/uploads/2026/03/pace-1.png 1000w, https://www.finblab.com/wp-content/uploads/2026/03/pace-1-300x150.png 300w, https://www.finblab.com/wp-content/uploads/2026/03/pace-1-768x384.png 768w" sizes="(max-width: 1000px) 100vw, 1000px" /><p id="caption-attachment-7142" class="wp-caption-text">Pace Digitek Secures NTPC EPC Contract</p></div>
<h5 style="text-align: justify;"><strong>Contract Size</strong></h5>
<p style="text-align: justify;">The total value of the proposed EPC contract is <strong>INR 494.54 Crores</strong> (Rupees Four Hundred Ninety-four Crores and Fifty-four Lac Only) (excluding <a href="https://en.wikipedia.org/wiki/Goods_and_Services_Tax_(India)"><span style="color: #0000ff;"><strong>GST</strong></span></a>).</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Duration</strong></h5>
<p style="text-align: justify;">The Ex-Works supply and Services of the new contract are to be executed over a period of <strong>15 months</strong>, while the Comprehensive Annual Maintenance will be for 11 years, a company management official said.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Exchange Compliance</strong></h5>
<p style="text-align: justify;">The Company has filed these details in accordance with Regulation 30 of <a href="https://en.wikipedia.org/wiki/Securities_and_Exchange_Board_of_India"><span style="color: #0000ff;"><strong>SEBI</strong></span></a> (Listing Obligations and Disclosure Requirements) Regulations, 2015.</p>
<p>&nbsp;</p>
<p style="text-align: justify;">Refer to <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/53852e39-9bbb-43c2-8176-dc1c4fdc9b6f.pdf"><span style="color: #0000ff;"><strong>Pace Digitek News today</strong></span></a> for more information.</p>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>Market Cap</strong>: The company’s market capitalization is ₹3,060 Cr.</p>
<p style="text-align: justify;"><strong>Technical</strong>: The stock is trading below its major simple moving averages (20-day, 50-day, and 100-day) with all SMAs sloping downwards.</p>
<p style="text-align: justify;"><strong>Price Performance</strong>: On a year-to-date (YTD) basis, Pace Digitek&#8217;s stock has lost 24.80% and is down 23.80% in the last three-month period. However, the company&#8217;s shares are trading 14.45% lower in the last one-month period.</p>
<p>&nbsp;</p>
<p style="text-align: left;"><strong>ALSO READ:</strong></p>
<p style="text-align: left;"><a href="https://www.finblab.com/solarworld-energy-secures-ntpc-bess-epc-contract/"><span style="color: #0000ff;"><strong>Solarworld Energy Secures NTPC BESS EPC Contract</strong></span></a></p>
<p>&nbsp;</p>
<hr />
<p style="text-align: justify;"><strong>Disclaimer</strong>: This article is purely for informational purposes. The data presented here are for your information &amp; personal use only. While much time and effort is made to provide the information, I (<strong>Vishal Dalwadi)</strong> or (<strong>FinBlab)</strong> do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.</p>
<hr />
<p>&nbsp;</p>
<p>The post <a href="https://www.finblab.com/pace-digitek-secures-ntpc-epc-contract/">Pace Digitek Secures NTPC EPC Contract</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
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		<title>Solarworld Energy Secures NTPC BESS EPC Contract</title>
		<link>https://www.finblab.com/solarworld-energy-secures-ntpc-bess-epc-contract/</link>
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		<dc:creator><![CDATA[Vishal Dalwadi]]></dc:creator>
		<pubDate>Mon, 30 Mar 2026 10:19:59 +0000</pubDate>
				<category><![CDATA[Stock Market]]></category>
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		<category><![CDATA[KNR Constructions Wins NHAI Order]]></category>
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		<category><![CDATA[solarworld energy solutions news]]></category>
		<guid isPermaLink="false">https://www.finblab.com/?p=7134</guid>

					<description><![CDATA[<p>Solarworld Energy Secures NTPC BESS EPC Contract for ₹314 Crores. &#160; Solarworld Energy Solutions Limited, a company specializing in the EPC services for solar power projects, today, March 30, 2026, announced that, The Company has received a Letter of Award (LOA)  contract from National Thermal Power Corporation Limited (NTPC). Source: BSE. &#160; Contract Details According</p>
<p>The post <a href="https://www.finblab.com/solarworld-energy-secures-ntpc-bess-epc-contract/">Solarworld Energy Secures NTPC BESS EPC Contract</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><span style="color: #ff6600;"><strong>Solarworld Energy Secures NTPC BESS EPC Contract for ₹314 Crores.</strong></span></p>
<p>&nbsp;</p>
<p style="text-align: justify;"><a href="https://www.finblab.com/solarworld-energy-solutions-ipo-review/"><span style="color: #0000ff;"><strong>Solarworld Energy Solutions Limited</strong></span></a>, a company specializing in the EPC services for solar power projects, today, March 30, 2026, announced that,</p>
<p style="text-align: justify;">The Company has received a <strong>Letter of Award</strong> (LOA)  contract from <a href="https://en.wikipedia.org/wiki/NTPC_Limited"><span style="color: #0000ff;"><strong>National Thermal Power Corporation</strong> <strong>Limited</strong></span></a> (NTPC). <strong>Source: <span style="color: #0000ff;">BSE</span></strong>.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Contract Details</strong></h5>
<p style="text-align: justify;">According to the exchange details, Solarworld (the company) has received a contract for the supply of an Engineering, Procurement, and Construction (<a href="https://en.wikipedia.org/wiki/Engineering,_procurement,_and_construction"><span style="color: #0000ff;"><strong>EPC</strong></span></a>) Package for the implementation of a <a href="https://en.wikipedia.org/wiki/Battery_energy_storage_system"><span style="color: #0000ff;"><strong>battery energy storage system</strong></span></a> (BESS).</p>
<p style="text-align: justify;">The BESS implementation will be at the <strong>Solapur Super Thermal Power Station</strong> (NTPC Thermal Power Station, Lot-1), with a <strong>capacity of 132 MW/ 264 MWh</strong>, a company spokesperson added.</p>
<p>&nbsp;</p>
<div id="attachment_7135" style="width: 760px" class="wp-caption aligncenter"><img decoding="async" aria-describedby="caption-attachment-7135" class="wp-image-7135 size-full" title="Solarworld Energy Secures NTPC BESS EPC Contract" src="https://www.finblab.com/wp-content/uploads/2026/03/solar-1.png" alt="Solarworld Energy Secures NTPC BESS EPC Contract" width="750" height="500" srcset="https://www.finblab.com/wp-content/uploads/2026/03/solar-1.png 750w, https://www.finblab.com/wp-content/uploads/2026/03/solar-1-300x200.png 300w" sizes="(max-width: 750px) 100vw, 750px" /><p id="caption-attachment-7135" class="wp-caption-text">Solarworld Energy Secures NTPC BESS EPC Contract</p></div>
<h5 style="text-align: justify;"><strong>Contract Value</strong></h5>
<p style="text-align: justify;">The aggregate value of the aforesaid contract is <strong>INR 314.26 Crores</strong> (Rupees Three Hundred Fourteen Crores and Twenty-six Lac Only).</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Duration</strong></h5>
<p style="text-align: justify;">The new contract is to be executed over a period of <strong>15 months</strong> from the date of the purchase order, a company management official said.</p>
<p>&nbsp;</p>
<h5 style="text-align: justify;"><strong>Exchange Compliance</strong></h5>
<p style="text-align: justify;">The Company has filed these details in accordance with Regulation 30 of the <a href="https://en.wikipedia.org/wiki/Securities_and_Exchange_Board_of_India"><span style="color: #0000ff;"><strong>Securities and Exchange Board of India</strong></span></a> (Listing Obligations and Disclosure Requirements) Regulations, 2015.</p>
<p>&nbsp;</p>
<p style="text-align: justify;">Refer to <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/c06f7ebf-81f6-4353-a3a4-0f88c484173d.pdf"><span style="color: #0000ff;"><strong>solarworld energy solutions news</strong></span></a> for further information.</p>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>Market Cap</strong>: The company’s market capitalization is ₹1,235 Cr.</p>
<p style="text-align: justify;"><strong>Technical</strong>: The stock is consistently trading below its major <a href="https://en.wikipedia.org/wiki/Moving_average"><span style="color: #0000ff;"><strong>simple moving averages</strong></span></a> (20-day, 50-day, and 100-day) with all SMAs sloping downwards.</p>
<p style="text-align: justify;"><strong>Price Performance</strong>: The stock declined 47.70% YTD, declined 47% over the past three months, and declined 23.40% in the last month.</p>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>ALSO READ: <a href="https://www.finblab.com/knr-constructions-wins-nhai-order/"><span style="color: #0000ff;">KNR Constructions Wins NHAI Order</span></a></strong></p>
<p>&nbsp;</p>
<hr />
<p style="text-align: justify;"><strong>Disclaimer:</strong> The contents and data presented here are just for your information &amp; personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.</p>
<hr />
<p>&nbsp;</p>
<p>The post <a href="https://www.finblab.com/solarworld-energy-secures-ntpc-bess-epc-contract/">Solarworld Energy Secures NTPC BESS EPC Contract</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
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		<title>KEC International Limited: Update</title>
		<link>https://www.finblab.com/kec-international-limited/</link>
					<comments>https://www.finblab.com/kec-international-limited/#respond</comments>
		
		<dc:creator><![CDATA[Vishal Dalwadi]]></dc:creator>
		<pubDate>Tue, 03 Feb 2026 09:31:43 +0000</pubDate>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Quarterly Results]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[electric power transmission]]></category>
		<category><![CDATA[electric power transmission towers]]></category>
		<category><![CDATA[EPC company]]></category>
		<category><![CDATA[EPC Contract]]></category>
		<category><![CDATA[EPC major]]></category>
		<category><![CDATA[global EPC major]]></category>
		<category><![CDATA[global infrastructure]]></category>
		<category><![CDATA[global infrastructure EPC]]></category>
		<category><![CDATA[global infrastructure EPC major]]></category>
		<category><![CDATA[infrastructure EPC major]]></category>
		<category><![CDATA[KEC International]]></category>
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		<category><![CDATA[Kec international news today india]]></category>
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		<category><![CDATA[RPG Group]]></category>
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					<description><![CDATA[<p>UPDATE: Secure New Orders KEC International Limited (an RPG Group Company), a global infrastructure EPC major, has secured a new order worth ₹1,020 Cr across various business segments: Source &#8211; BSE Civil Contract &#8211; The company has secured a prestigious order for “construction of a Multispeciality Hospital” from an established healthcare player in Central India.</p>
<p>The post <a href="https://www.finblab.com/kec-international-limited/">KEC International Limited: Update</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: justify;"><span style="color: #ff6600;"><strong>UPDATE:</strong></span></p>
<p style="text-align: justify;"><strong>Secure New Orders</strong></p>
<p style="text-align: justify;">KEC International Limited (an RPG Group Company), a global infrastructure EPC major, has secured a new order worth ₹1,020 Cr across various business segments: <strong>Source &#8211; BSE</strong></p>
<h5 style="text-align: justify;">Civil Contract &#8211;</h5>
<p style="text-align: justify;">The company has secured a prestigious order for “<strong>construction of a Multispeciality Hospital</strong>” from an established healthcare player in Central India.</p>
<h5 style="text-align: justify;">Transportation &#8211;</h5>
<p style="text-align: justify;">The company has secured an order for the “<strong>construction of a Railway Siding</strong>” for a private player in Central India.</p>
<h5 style="text-align: justify;">Transmission &amp; Distribution &#8211;</h5>
<ol>
<li style="text-align: justify;">220 kV and 132 kV cabling works from a reputed steel producer in Eastern India</li>
<li style="text-align: justify;">Supply of towers, hardware &amp; poles in America</li>
</ol>
<h5 style="text-align: justify;">Cables &amp; Conductors &#8211;</h5>
<p style="text-align: justify;">The business has secured <strong>orders for the supply of various types of cables and conductors</strong> in India and the overseas market.</p>
<p style="text-align: justify;"><span style="color: #0000ff;">Refer to</span> <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/302c923f-96e9-4fa3-8683-74be39fa494f.pdf"><strong>kec international news today</strong></a> for more detailed information.</p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-6494 size-full" title="KEC International" src="https://www.finblab.com/wp-content/uploads/2022/10/kec-int.png" alt="KEC International" width="750" height="425" srcset="https://www.finblab.com/wp-content/uploads/2022/10/kec-int.png 750w, https://www.finblab.com/wp-content/uploads/2022/10/kec-int-300x170.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></p>
<p>&nbsp;</p>
<h5 style="text-align: justify;">MD &amp; CEO Speech –</h5>
<p style="text-align: justify;"><em>Commenting on securing a new business order, Vimal Kejriwal, MD &amp; CEO of the company, said</em></p>
<p style="text-align: justify;"><em>We are pleased with the new order wins secured across our business verticals.</em></p>
<p style="text-align: justify;"><em>Our Civil business has strengthened its presence in the Hospital segment with an order for the construction of a Multispeciality Hospital in Central India. In the Transportation business, the railway siding order from a private player is a key strategic win that widens our order book.</em></p>
<p style="text-align: justify;"><em>Additionally, our subsidiary, SAE Towers, has secured successive large tower supply orders in the United States, demonstrating continued momentum in the North American T&amp;D market.</em></p>
<p style="text-align: justify;"><em>With these new order wins, our year-to-date <strong>order book stands at ₹20,300 Cr</strong>.</em></p>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>KEC International full form</strong> is “Kamani Engineering Corporation.”</p>
<p>&nbsp;</p>
<ul>
<li style="text-align: justify;">The market capitalization of the company is ₹16,400 Cr.</li>
<li style="text-align: justify;">The stock is currently trading below its 20, 50, 100, and 200 DEMA.</li>
</ul>
<p>&nbsp;</p>
<p><strong><span style="color: #0000ff;">LAST ARTICLE &#8211;</span> <a href="https://www.finblab.com/arisinfra-solutions-ipo/">Arisinfra share news today</a></strong></p>
<p>&nbsp;</p>
<hr />
<p>&nbsp;</p>
<p style="text-align: center;"><strong>4 October 2022</strong></p>
<h3 style="text-align: justify;"><strong>Update</strong></h3>
<p style="text-align: justify;"><strong>“Wins New Orders of INR 1,407 Crores”</strong></p>
<p>&nbsp;</p>
<p style="text-align: justify;"><a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/254defdd-1f70-4e02-ad6a-1b4c20a64f9d.pdf">KEC International</a> Limited, a global infrastructure EPC major, has secured new orders worth of INR 1,407 Cr. Read details &#8211;</p>
<p style="text-align: justify;">The business has secured orders for <em><strong>Transmission &amp; Distribution (T&amp;D)</strong></em> projects in Middle East:</p>
<ul style="text-align: justify;">
<li>400 kV Transmission lines, part of the Kuwait – Saudi Arabia interconnection project</li>
<li>380 kV Transmission line in Saudi Arabia</li>
</ul>
<p style="text-align: justify;">The business has secured an order for <em><strong>Civil</strong></em>, the construction of official quarters and associated facilities for senior Government officials in India.</p>
<p style="text-align: justify;">The business has secured an order for <em><strong>Railways</strong></em>, Signaling &amp; Telecommunication works of Train Collision Avoidance System (TCAS) under ‘Kavach’ in consortium in India.</p>
<p style="text-align: justify;">The business has secured orders for various types of <em><strong>cables</strong></em> in India and overseas.</p>
<h4 style="text-align: justify;"><strong>MD &amp; CEO Speech &#8211;</strong></h4>
<p style="text-align: justify;">Mr. Vimal Kejriwal said “we are pleased with the continuous order inflows across businesses. Our <strong>YTD order intake now stands at INR 8,400 Cr</strong>, with a robust growth of 50 per cent vis-à-vis last year.</p>
<p style="text-align: justify;">The orders in Middle East consolidate our presence in the region and significantly expand our T&amp;D order book, particularly in the international market. The large order in Civil has enhanced our presence in the growing public spaces segment and further diversified our clientele. We are also enthused by the second Railway order in the TCAS segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology.</p>
<p style="text-align: justify;">These orders along with the orders announced earlier, reaffirm our confidence in achieving the targeted growth going forward.”</p>
<p>&nbsp;</p>
<hr />
<p>&nbsp;</p>
<p style="text-align: center;"><strong>21 September 2022</strong></p>
<h2 style="text-align: justify;"><strong>Update</strong></h2>
<p style="text-align: justify;"><strong>&#8220;Secured New Orders Across Various Businesses&#8221;</strong></p>
<p>&nbsp;</p>
<p style="text-align: justify;"><strong>KEC International</strong> Limited (RPG Group Company) &#8211; a global infrastructure EPC major today in its regulatory filing has said that the company has <strong>secured new orders worth of INR 1123 Cr</strong> across its various businesses, read details –</p>
<p>&nbsp;</p>
<p style="text-align: justify;">Under the <strong>Transmission &amp; Distribution (T&amp;D)</strong> business, the company has secured orders for building substations in India including:</p>
<ul>
<li style="text-align: justify;">400 kV Digital GIS Substation order in India from Power Grid Corporation of India Ltd</li>
<li style="text-align: justify;">400 kV GIS Substation order in India from a reputed industrial developer,</li>
</ul>
<p style="text-align: justify;">Under the <strong>Railways</strong> business, the firm has secured an order for construction of bridges and associated works for new railway line in the conventional segment in India.</p>
<p style="text-align: justify;">Under the <strong>Civil</strong> business, the firm has secured an order for infra works in the Hydrocarbon segment in India.</p>
<p style="text-align: justify;">Under the <strong>Cables</strong> business, the company has secured orders for various types of cables in India and overseas.</p>
<h3 style="text-align: justify;">MD &amp; CEO Speech &#8211;</h3>
<p style="text-align: justify;">Mr. Vimal Kejriwal commented, we are pleased with the new order wins, especially the consistent order inflows in Domestic T&amp;D business. These orders along with the orders announced earlier during the year, have significantly enhanced our order book in T&amp;D and diversified our clientele.</p>
<p style="text-align: justify;">We are particularly enthused by the order in Railways, which further consolidates our leadership in the conventional Railway segment. The order in Civil has strengthened our presence in the growing hydrocarbon segment.</p>
<p style="text-align: justify;">With these orders, our <strong>YTD order intake has now surpassed INR 7000 Cr</strong>, a robust growth of 25 per cent vis-à-vis last year.</p>
<p>&nbsp;</p>
<p style="text-align: justify;">The stock ended at INR 438.40 (UP 3.40 per cent) on the National Stock Exchange (NSE) with a volume of 9,78,809 shares.</p>
<p>&nbsp;</p>
<p><span style="color: #0000ff;"><strong>Also Read:</strong></span> <span style="color: #ff0000;"><a href="https://www.finblab.com/indian-stock-market-journey/"><strong>Indian Stock Market Journey</strong></a> from 100 To 60000 Points</span></p>
<p>&nbsp;</p>
<hr />
<p>&nbsp;</p>
<p style="text-align: center;"><strong>14 September 2022</strong></p>
<h2 style="text-align: justify;"><strong>Update</strong></h2>
<p style="text-align: justify;"><strong>&#8220;Orders in Conventional and Emerging Segments&#8221;</strong></p>
<p>&nbsp;</p>
<p style="text-align: justify;">KEC International Limited (an <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/8763d398-8bdf-4500-b42c-5955cda5fd2d.pdf">RPG Group Company</a>) has secured <strong>new orders worth of INR 1108 Cr</strong> across its various businesses, details are as follows –</p>
<p>&nbsp;</p>
<p style="text-align: justify;"><em><strong>Orders for Transmission &amp; Distribution (T&amp;D) and Cabling projects in India, Africa, and Middle East</strong></em></p>
<ul>
<li style="text-align: justify;">400 kV “Transmission Line” order from Power Grid Corporation of India Ltd,</li>
<li style="text-align: justify;">132 kV “Underground Cabling” order from a state utility,</li>
<li style="text-align: justify;">220 kV “Transmission Line and Tower Supply” orders in the Middle East, and</li>
<li style="text-align: justify;">330 kV “Transmission Line” order in Africa,</li>
</ul>
<p>&nbsp;</p>
<p style="text-align: justify;"><em><strong>Orders in the technologically enabled and conventional/emerging segments (Railways) in India</strong></em></p>
<ul>
<li style="text-align: justify;">Order for Overhead Electrification (OHE) for Metro, Auxiliary power supply, SCADA system and associated works,</li>
<li style="text-align: justify;">Order for Signaling &amp; Telecommunication works of TCAS under ‘Kavach’ in consortium,</li>
<li style="text-align: justify;">Order for doubling of tracks and associated civil works,</li>
</ul>
<p>&nbsp;</p>
<p style="text-align: justify;"><em><strong>The company has secured an order for laying of cross-country Oil &amp; Gas Pipeline and associated works in India.</strong></em></p>
<p>&nbsp;</p>
<p><span style="color: #0000ff;"><strong>Must Read:</strong></span> Research and Analysis on <a href="https://www.finblab.com/harsha-engineers-international-ipo/"><span style="color: #ff0000;"><strong>Harsha Engineers IPO</strong></span></a></p>
<h3 style="text-align: justify;"><strong>MD &amp; CEO Speech &#8211;</strong></h3>
<p style="text-align: justify;">Commenting on this, Mr. Vimal Kejriwal said, “We are delighted with the new order wins, especially in Railways, which is witnessing a gradual uptick through orders in both conventional and new segments.</p>
<p style="text-align: justify;">The business has secured its maiden order in the prestigious TCAS segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology.</p>
<p style="text-align: justify;">The orders in T&amp;D have expanded our order book, especially the third order from PGCIL in quick succession.</p>
<p style="text-align: justify;">These orders, along with the orders announced earlier during the year, will significantly contribute towards our growth in the Domestic T&amp;D market. The order in the Oil and Gas Pipelines further enhances the business’ order book.”</p>
<p>&nbsp;</p>
<p style="text-align: justify;">KEC International Ltd share price closed at INR 434.30 (UP 1.18%) on the NSE when the market closed with a volume of 23,41,102 shares.</p>
<p>&nbsp;</p>
<p><span style="color: #0000ff;"><strong>Read This:</strong></span><strong> <a href="https://www.finblab.com/can-fin-homes/"><span style="color: #ff0000;">Can Fin Homes Limited</span></a></strong> (Value Pick Stock September 2022)</p>
<p>&nbsp;</p>
<hr />
<p>&nbsp;</p>
<p style="text-align: center;"><strong>12 September 2022</strong></p>
<h2 style="text-align: justify;"><strong>Update</strong></h2>
<p style="text-align: justify;"><strong>&#8220;Received EPC Contract&#8221;</strong></p>
<p>&nbsp;</p>
<p style="text-align: justify;">The Directors of Gujarat Industries Power Company Limited (<strong>GIPCL</strong>), at its board meeting held on 09 September 2022, approved the award of <a href="https://www.bseindia.com/xml-data/corpfiling/AttachHis/071bd690-e162-44f5-90d9-e65c5db415c3.pdf">EPC Contract</a> to KEC International Ltd.</p>
<p style="text-align: justify;">In a regulatory filing to the BSE, GIPCL said that the award of <strong>EPC contract worth of INR 244.00 Cr</strong> for “Pooling Sub-station 400/33 KV, 1200 MW (PSS-1, Phase-1 &amp; Phase-II of 600 MW each) of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Great Rann of Kutch (Gujarat).</p>
<p><span style="color: #0000ff;"><strong>Read:</strong></span> <a href="https://www.finblab.com/harsha-engineers-international-ipo/"><span style="color: #ff0000;"><strong>Harsha Engineers International IPO</strong></span></a></p>
<p style="text-align: justify;">The share of KEC International closed at INR 447.95 (UP 10.55 per cent) on the National Stock Exchange when the market closed with a volume of 45,12,638 shares.</p>
<p style="text-align: justify;">KEC International Limited is currently trading 20% below when compared to its 52-week high of INR 550.</p>
<p>&nbsp;</p>
<p><span style="color: #0000ff;"><strong>Also Read:</strong></span> <strong>Value Pick Stock</strong> September 2022 <a href="https://www.finblab.com/can-fin-homes/"><span style="color: #ff0000;"><strong>Can Fin Homes Ltd</strong></span></a></p>
<p>&nbsp;</p>
<hr />
<p>&nbsp;</p>
<p style="text-align: center;"><strong>8 May 2019</strong></p>
<h6>KEC International, a subsidiary of the RPG Group has posted its Q4 FY 2019 numbers today after the market hours. <strong>The Company has reported a whooping 85% jump in its net profit QoQ basis.</strong></h6>
<h6>For the quarter ended 31 March 2019, the <strong>company&#8217;s revenue from operation</strong> stood at INR 3569.05 Cr as against INR 3361.90 Cr for the same period last year, registering a <strong>6.16 percent growth YoY basis</strong>. The <strong>quarter-on-quarter revenue grew by 44.59 percent</strong> (INR 2468.46 Cr for the period ended 31 December 2018)</h6>
<h6>The consolidated revenue of the company grew by 4.88 percent y-o-y basis and 45.13 percent q-o-q basis.</h6>
<h6><a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/1092c86b-124c-4c89-a084-2bdde5c12eb4.pdf">Total expenses</a> of the company rose marginally 5.75 percent YoY.</h6>
<h6>The <strong>Company&#8217;s Profit After Tax</strong> stood at INR 211.47 Cr for the period ended March 31, 2019 as compare to INR 179.36 Cr same period last year, <strong>registering 17.90% growth year-on-year basis</strong>.</h6>
<h6>Company&#8217;s Net Profit for the quarter ended 31 December 2018 stood at INR 114.54 Cr.</h6>
<h6>The <strong>board of directors have recommended a Dividend of INR 2.70 per share</strong> i.e. 135% of face value of Rs. 2/- each fully paid up, for the financial year ended March 31, 2019.</h6>
<h5><span style="color: #3366ff;">Read: 7 <a href="https://www.finblab.com/equity-investing-mistakes/"><span style="color: #ff9900;">Equity Investing Mistakes</span></a> to avoid</span></h5>
<h6><img loading="lazy" decoding="async" class="aligncenter wp-image-3148 size-full" title="KEC International Limited" src="https://www.finblab.com/wp-content/uploads/2019/05/kec-int-compressor.jpg" alt="KEC International Limited" width="750" height="425" srcset="https://www.finblab.com/wp-content/uploads/2019/05/kec-int-compressor.jpg 750w, https://www.finblab.com/wp-content/uploads/2019/05/kec-int-compressor-300x170.jpg 300w" sizes="(max-width: 750px) 100vw, 750px" /></h6>
<h6></h6>
<h3 style="text-align: center;"><strong>About KEC International</strong></h3>
<h6 style="text-align: center;">KEC International Limited is India&#8217;s 2nd largest manufacturer of electric power transmission towers and one of the largest Power Transmission Engineering, Procurement &amp; Construction (EPC) companies in the world.</h6>
<h6><strong>History:</strong> Incorporated in the year 2005, KEC International Limited (the flagship company of <span style="color: #ff9900;"><strong><a style="color: #ff9900;" href="https://www.kecrpg.com/">RPG Group</a></strong></span>) is a global EPC major. The Company has presence in the verticals of Power Transmission &amp; Distribution, Cables, Civil, Railways, Smart Infrastructure and Solar.</h6>
<h5><span style="color: #3366ff;">Also Read: 9 <a href="https://www.finblab.com/key-financial-ratios/"><span style="color: #ff9900;">Key Financial Ratios</span></a> To Find Winning Stocks</span></h5>
<h6><strong>Business:</strong> KEC strengths its presence in the areas of Design, Manufacture, Supply and Construction of Turnkey Projects of Power Transmission lines of voltages up to 800 KV and in the execution of Railway Electrification projects, setting up Sub-stations and Power Distribution Networks, Optical Fibre Cable (OPGW) installations, Turnkey Telecom Infrastructure Services and maintenance of Power Transmission Lines.</h6>
<h6>KEC International is ISO 9001; ISO 14001 and OHSAS 18001 certified company</h6>
<h6><strong>Reach:</strong> The Company has powered infrastructure development in 100 countries across Africa, Americas, Central Asia, Middle East, South Asia and South East Asia.</h6>
<h4><strong>Stock Price Movement</strong></h4>
<h6>The stock ended nearly 0.20% or 65 paise lower to INR 294.65 on NSE when the market closed on Wednesday! During the quarter ended 31st March 2019, the share prices of KEC International has made a low of INR 233 and high of INR 314</h6>
<h5><span style="color: #3366ff;">Important: <a href="https://www.finblab.com/mutual-funds-investing/"><span style="color: #ff9900;">Mutual Funds Investing</span></a>: 4 Tips Can Make You Millionaire</span></h5>
<h4><strong>KEC International on Technical Charts</strong></h4>
<h6><span style="color: #ff9900;"><strong><em><a style="color: #ff9900;" href="https://www.moneycontrol.com/india/stockpricequote/power-transmission-equipment/kecinternational/KEC04">KEC International share</a></em></strong></span> price is trading marginally above when compared to its 200 EMA (293) and trading 2 percent above its 50 EMA (287)</h6>
<h4><strong>Average Return</strong></h4>
<h6>The stock has given 4.27% positive returns over the past 6 months and delivered 28.88% negative returns over the last 12 months.</h6>
<h6><strong><span style="color: #3366ff;">If you liked this article, maybe your friends will too. Why not share it?</span></strong></h6>
<h6>KEC International current market cap is more than INR 7500 Cr and trading at a PE ratio of 15.35</h6>
<p>&nbsp;</p>
<h3 style="text-align: center;">Also Read</h3>
<h5 style="text-align: center;"><span style="color: #3366ff;">Value Pick Stock May 2019: <span style="color: #ff9900;"><a style="color: #ff9900;" href="https://www.finblab.com/sharda-cropchem-ltd-value-pick-stock/">Sharda Cropchem Limited</a></span></span></h5>
<h5 style="text-align: center;"><span style="color: #3366ff;">Why You Must Buy A <span style="color: #ff9900;"><a style="color: #ff9900;" href="https://www.finblab.com/reasons-to-buy-a-term-insurance/">Term Insurance Plan</a></span></span></h5>
<p>&nbsp;</p>
<hr />
<p style="text-align: justify;"><strong>Disclaimer:</strong> The contents and data presented here are just for your information &amp; personal use only. While much effort is made to provide the information, I (<strong>Vishal Dalwadi</strong>) or (<strong>FinBlab)</strong> do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.</p>
<hr />
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>The post <a href="https://www.finblab.com/kec-international-limited/">KEC International Limited: Update</a> appeared first on <a href="https://www.finblab.com">Upcoming ipos: Latest news on stocks, economy &amp; finance</a>.</p>
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