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KEC International Shares in Focus: Secures ₹1,038 Crore GIS Substation Contract in Saudi Arabia

Written by: Team Angel OneUpdated on: 16 Oct 2025, 6:29 pm IST
KEC International has received a ₹1,038 crore order to design, supply, and install a 380 kV Gas Insulated Substation project in Saudi Arabia.
KEC-International
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KEC International has received a new order worth ₹1,038 crore for setting up a 380 kV Gas Insulated Substation (GIS) in Saudi Arabia. The project includes design, supply, and installation work. The company shared the update in an exchange filing.

Order Details

The contract has been awarded under KEC’s transmission and distribution business. This is one of the largest substation orders the company has secured so far. The project adds to its existing portfolio of power infrastructure work in the Middle East, where KEC has been executing several ongoing projects.

Other Recent Contracts

In the past few weeks, the company has announced multiple new projects. Earlier this week, KEC received orders worth ₹1,064 crore for a 380 kV transmission line in Saudi Arabia and ₹1,174 crore for transmission and distribution work across India and the Middle East. Last week, it secured new contracts worth ₹1,102 crore in various business areas, including civil and cables.

Order Book and Growth

As per the exchange filings, Vimal Kejriwal, MD & CEO, KEC International, stated, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest-ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our YTD order intake has surpassed Rs 16,000 crore, representing a healthy growth of ~20%”.

KEC International Background

KEC International, part of the RPG Group, is an engineering, procurement, and construction (EPC) company. It operates in more than 110 countries and handles projects in transmission and distribution, civil infrastructure, transportation, renewables, oil and gas pipelines, and cables. The company is involved in both domestic and overseas infrastructure development.

Read More: IRFC Declared Highest-Ever Interim Dividend: Check Record Date, History and More!

KEC International Share Price Performance

As of October 16, 2025, 10:59 AM, KEC International share price was trading at ₹854.15 on the BSE, a 0.19% increase from the previous close.

Conclusion

The ₹1,038 crore project in Saudi Arabia adds to KEC International’s list of large-scale infrastructure orders. With continuous projects across multiple regions, the company’s overall order book has seen steady growth during the financial year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

 

Published on: Oct 16, 2025, 12:56 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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