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KEC International plans to foray overseas in solar segment: Report

In order to gain better margins, KEC International is reportedly looking to foray into overseas markets in the solar segment. In addition to solar, the company will also look at railway opportunities in foreign markets.

The company also looks to grow its order book by 10% and revenue up to 20% in the current financial year. As of date, the company’s total order book stands at Rs 12,500 crore. Of this, solar projects contribute 5% to the total order book value.

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Cables, Railways, Water and Renewables.

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