Image Source: Inshorts
Kay Cee Energy & Infra Limited, a rapidly expanding EPC player with expertise in power transmission and distribution, has acquired a fresh order worth ₹54.2 million, further solidifying its strong project pipeline and reiterating its position as a reliable partner for government-backed infrastructure projects.
Order Details:
The ₹54.2 million deal has been conferred by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL). The scope of the project includes shifting and undergrounding the 132kV Basni-NPH transmission line that goes through the premises of AIIMS, Jodhpur. This infrastructural upgrade is vital and will incorporate a 630 sq. mm, 132kV XLPE cable system on D/C monopole, with thorough route survey, cable laying, installation, and related civil work.
Strategic Importance
The project was undertaken at the behest of AIIMS Jodhpur to improve campus security and operational efficiency. By taking high-voltage lines underground, the project will minimize risks, enhance reliability, and cater to the hospital's increasing energy requirements.
Growing Order Book:
This win adds to Kay Cee Energy & Infra's impressive string of recent contracts, including bigger EHV (Extra High Voltage) maintenance and emergency response projects for RRVPNL. The company's order book as of January 2025 stood at ₹496 crore, depicting robust demand for its niche EPC services.
Operational Expansion:
Kay Cee Energy is also establishing its first manufacturing unit in Rajasthan for enhanced supply chain control and the minimization of dependence on third-party vendors, positioning itself to be more efficient and scalable on future projects.
Financial Momentum:
The company raised ₹250.3 million through a Qualified Institutional Placement (QIP) recently, with widespread participation from significant domestic and overseas investors. The capital will serve to fund working capital requirements as well as catalyze continued growth.
Industry Standing:
Since its inception in 2015, Kay Cee Energy & Infra has emerged as a leading player in India's power infrastructure sector, working for clients such as Power Grid Corporation of India and Larsen & Toubro. Its IPO success and post-IPO good market performance are a reflection of investor confidence in its direction strategy.
"Implementation of this project successfully will further cement our association with RVPNL and enhance our commitment towards providing efficient, quality power infrastructure solutions," stated Lokendra Jain, Managing Director, Kay Cee Energy & Infra Limited.
With this new order, Kay Cee Energy & Infra is well set to maintain its growth momentum, playing a key role in India's changing energy landscape.
Source: TradingView/Reuters, NSE Corporate Filings, MarketScreener, IPO Central
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