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KEC
International Ltd has bagged a major Rs380 crore (approximately
$94 million) order in Kazakhstan.
The
company has been mandated to design, construct and commission
a 475km transmission line of 500 Kv in the Ekibastuz-Agadyr
section of the North-South electricity transit.
This
World Bank funded project will be executed over a period
of 27 months for the Kazakhstan Electricity Grid Operating
Company (KEGOC).
The
company, which has a current order book of over Rs3,000
crore, won the order against Japanese and Korean rivals.
KEC
already has an on-going project with KEGOC, valued at
over Rs260 crore, involving the design, construction and
commissioning of a 500 kv transmission line over 250 kilometres
in the Yukgres Shu section of Kazakhstan''s North-South
Electricity Transit.
"This
success is important to us. KEGOC is to Kazakhstan what
Power Grid Corporation is to India. This is a very challenging
project. Our people will be working under extreme weather
conditions that could touch minus 45 degree centigrade,"
said Vimal Kejriwal, executive director, international
business, KEC International. "With this win, our
strategy of capturing market share in CIS countries has
truly begun yielding results. We look forward to leveraging
our Kazakh experience across Central Asia," he added.
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