Date:21/04/2005 URL: http://www.thehindubusinessline.com/2005/04/21/stories/2005042100970300.htm

Back KEC bags Rs 231-cr Ethiopian order

Our Bureau

Mumbai , April 20

POWER transmission and EPC (engineering, procurement and construction) company KEC International Ltd has won four contracts worth $52.9 million (Rs 231 crore) from Ethiopian Electric Power Corporation.

Three of the four contracts are for construction of power distribution networks.

Funded by the African Development Bank, these projects are of 33kV/400 voltage distribution lines for rural electrification throughout Ethiopia, a news release said.

The total length of the 33kV lines is over 2000 route kilometres, while the low-voltage lines are for over 450 route kilometres.

The scope of the project also includes installing 180 low-voltage substations. When completed, the lines will electrify over 40,000 rural households.

The fourth contract is for a 230-kV single circuit transmission line project, over 243 km and also involves laying fibre optic cables.

The release quoted Mr Ramesh Chandak, Managing Director, KEC, as saying: "Apart from transmission lines, KEC has also developed competencies in supply and construction of distribution infrastructure. KEC will continue to develop new markets and focus upon value-chain expansion and improving operational efficiency."

Apart from India, KEC is also engaged in executing orders in the UAE, Libya, Tunisia, Algeria, Iraq, Kuwait, Oman, Lebanon, Zambia and Ethiopia.