Govt orders, private capex fuel KEC's order book by Rs 6,000 crore

The company reported Rs 23,716 crore of orderbook in the fiscal year ended March 2022, up by 18% over the previous year and plans to bid for Rs 1.1 trillion of orders, which are in the pipeline

KEC International, an RPG group company, has seen a sharp uptick in the order book for the ongoing financial year at Rs 6,000 crore as the government increases its spend on new projects and capital expenditure by private companies picks up.

The company reported Rs 23,716 crore of orderbook in the fiscal year ended March 2022 — up by 18 per cent over the previous year and plans to bid for Rs 1.1 trillion of orders, which are in the pipeline.

“We are constructing several new cement plants by ACC, Ambuja, Ultratech. Shree Cement across the country. We are also