Order book to swell further by March - Mr Chandak MD KEC International

CNBC-TV18
November 2009

KEC International has recently received orders from Power Grid and MSEB. It has also received orders from West Asia worth INR 400 crore. The company also won a further INR 132 crore in orders from Maharashtra State Electricity Distribution Company.

In an interview with CNBC-TV18, Mr Ramesh Chandak, MD of KEC International spoke about the company’s order pipeline and the cables business.

Q - Take us through the order book at this point in time, how much has it expanded it from say six months ago levels?

A - The order book currently is about INR 5,500 crore which is after up to date execution. Earlier also our order levels were around INR 5,500 crore. So, our order intake is currently matching with the execution cycle. We expect a lot many orders in the pipeline in the next four weeks. Currently, this order which we have received from Maharashtra is a rural electrification order, which is to do rural electrification closer to the Kalyan area. This order is worth about INR 132 crore which is to be executed over a period of 18 months time.

Please visit this ink to read full interview
http://steelguru.com/interview/detail/27/Order_book_to_swell_further_by_March.html

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