KEC International wins key Saudi power project contract
A unit of RPG Enterprises, one of India's fastest-growing business groups with a turnover of $5.2 billion, KEC International has a footprint in 110+ countries and is involved in the verticals of power transmission and distribution, civil, transportation, renewables, oil and gas pipelines and cables.
KEC International also secured its second international order for terminal station works in Africa in addition to its ongoing pipeline laying project in the region.
This comes as part of the new orders worth Rs22 billion ($258.7 million) snapped up by the group across various businesses.
In addition to the Saudi contract, its Transmission & Distribution business has secured orders for supply of towers, hardware and poles in the Americas along with cable work projects in India and overseas.
On the big contract win, Vimal Kejriwal, MD & CEO, said: "We are delighted by the order wins secured across businesses, especially on the international front. The large order wins in Saudi Arabia have further strengthened our international T&D order book."
"These wins reaffirm the Mena region's strategic importance as a key growth driver for us. Our subsidiary, SAE Towers has secured a significant tower supply order in Mexico, reflecting an uptick in the North American T&D market," he stated.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
01-07-2025
- Daily Tribune
KSA Travellers Swap Long Breaks for High-Spend Getaways
Luxury wins Eid A growing number of Saudi residents chose short yet luxurious international holidays during the recent Eid Al Adha break, as data revealed a 25 percent rise in outbound travel from the Kingdom compared to last year. Visa's latest Travel Pulse report shows that nearly 7 in 10 KSA travellers preferred quick getaways over extended vacations, with shopping emerging as the dominant driver of spend. Retail focus abroad The UAE attracted the largest share of Saudi travellers, drawing 14 percent of all outbound tourists and accounting for nearly a quarter of the total international spending. Fashion and luxury brands dominated their purchases, with seven of the top ten merchants falling under the shopping and apparel category. Popular spending outlets included Dubai Duty Free, Cartier, and Hermes. On average, each Saudi visitor to the UAE spent $635 using Visa cards. Dining and entertainment were also major attractions, though shopping remained the focal point. Turkey came second as a preferred destination, capturing 9 percent of KSA travellers and 15 percent of overall holiday spend. Visitors to Turkey spent slightly more on average, with a per-card spend of $653. The UK, though attracting only 6 percent of travellers, recorded the highest average spend per card at $839, underscoring the country's strong appeal for high-end retail and luxury experiences. Pilgrim-driven growth at home While outbound travel surged, the Kingdom also welcomed a significant number of inbound visitors for the Hajj season. According to Visa, foreign pilgrim arrivals rose by 7 percent over the previous year, contributing to a 16 percent increase in spending inside Saudi Arabia. This growth was driven by everyday essentials. Food, medicine, and basic necessities formed the bulk of purchases by pilgrims, while spending on travel-related services and clothing remained relatively low. Overall in-Kingdom spending rose by 4 percent. Spending trends shift Ali Bailoun, Visa's Regional General Manager for Saudi Arabia, Bahrain and Oman, said having simple and secure payment options remains critical during religious and leisure travel alike. He added that Visa aims to support the Kingdom's Vision 2030 goals by offering reliable cross-border payment experiences that encourage both domestic and international travel activity. Planning for next time Visa also issued recommendations to help businesses tap into this evolving travel-spend behaviour. These include exclusive cardholder partnerships, early booking rewards, and strengthening local staycation offers. With consumer behaviour during Eid now showing a clear divide between indulgent foreign escapes and essential spending at home, the season is no longer just a time for reflection but also a key moment in the region's economic calendar.
Trade Arabia
11-06-2025
- Trade Arabia
Global consortium in deal to build AAE-2 subsea cable network
In a landmark move to advance global connectivity, a consortium of four powerful subsea cable operators - Zain Omantel International (ZOI), PCCW Global, Sparkle, and Telecom Egypt - have signed a MoU to collaborate on the construction of the Asia-Africa-Europe-2 (AAE-2) subsea cable system. A next-generation subsea digital link, AAE-2 will be linking Asia, Africa and European continent, as part of its efforts to empower emerging markets as well as drive digital transformation and unlocking economic growth. The project is spearheaded by industry leaders combining expertise and resources to deliver a world-class infrastructure. This groundbreaking project marks a vital step in addressing the increasing demand for robust internet infrastructure, facilitating faster data transfer and improved connectivity across multiple regions. The consortium aims to deliver unprecedented capacity and reliable connectivity by creating a future-proof data highway across the three continents. It is dedicated to ensuring the successful delivery of this transformative infrastructure project, which will play a crucial role in shaping the future of global connectivity. The project aims to establish a robust next-generation subsea digital link connecting Hong Kong and Singapore to Italy traversing secure and high-capacity terrestrial corridors across Thailand, the Arabian Peninsula, and Egypt. It is planned to strategically deliver unprecedented capacity and foster seamless, reliable connectivity across the three continents, it added. On the mega initiative, Zain Omantel International CEO Sohail Qadir said: "This collaboration marks a defining milestone for ZOI and the region we proudly serve. As the international gateway for the Middle East, we are uniquely positioned at the crossroads of Asia, Africa and Europe, making us a strategic enabler of next-generation connectivity." "AAE-2 reflects our long-term vision to connect continents and digital ecosystems through resilient and state-of-the-art infrastructure. Our cooperation brings together advanced infrastructure, diverse terrestrial routes and AI-ready capacity. AAE-2 will strengthen global traffic flows, empower emerging markets and unlock new avenues for economic growth across the region and beyond," he stated. AAE-2 will also feature strategic extensions to additional key destinations across its route, further enhancing intercontinental connectivity and supporting the growing demands of cloud services, content delivery, and digital transformation initiatives across the regions. This ambitious initiative is designed to revolutionize global connectivity by delivering a geographical diverse, resilient, and high-performance route for international traffic. By integrating both subsea and terrestrial infrastructure, AAE-2 will create a future-proof data highway between Asia, Africa and Europe. Building on the legacy of the AAE-1 cable, AAE-2 will incorporate the most advanced technological innovations offering unprecedented bandwidth capacity to serve the tremendous traffic needs and empowering communities and businesses across Asia, Africa and Europe. Frederick Chui, Chief Executive Officer of PCCW Global, said: "PCCW Global is proud to contribute to the AAE-2 initiative, building on our legacy of supporting vital global infrastructure. Following our instrumental role in the success of the AAE-1 system, we are pleased to bring our expertise to AAE-2, an advanced, high-capacity and geographically diverse subsea cable system connecting Asia and Europe." "This next-generation network underscores our continued commitment to delivering resilient, secure and scalable connectivity for key markets such as Hong Kong, empowering the digital growth of tomorrow," he stated. Sparkle CEO Enrico Bagnasco said: "The AAE-2 cable system is an innovative project perfectly in line with Sparkle's long-term strategy to strengthen the Asia-Africa-Europe corridor by enhancing route diversity and ensuring the highest levels of network resilience." "In recent years, we have invested in new submarine systems and established advanced landing hubs along this strategic route, reinforcing our commitment to reliable global connectivity," he noted. Among the key initiatives are the Blue & Raman submarine cable systems - that links Italy to India through an innovative path - together with the strengthening of the Sicily Hub in Palermo and the hub in Chania as well as the creation of a brand new scalable landing platform in Genoa. "With AAE-2, we are taking a further step forward, contributing to the creation of a distinctive infrastructure that combines terrestrial and subsea solutions to deliver secure, high-capacity, and low-latency connectivity in support of the digital transformation of businesses and communities worldwide," stated Bagnasco. Telecom Egypt Managing Director and CEO Mohamed Nasr said: "Over the years, we have made major investments and established partnerships to develop our cutting-edge subsea cable infrastructure, that we are witnessing today." "The construction of AAE-2 cable system is a continuation of our success stories as a global data connectivity provider and is another testament to our commitment to driving digital connections through major collaborations," he noted.
Trade Arabia
11-06-2025
- Trade Arabia
Global consortium inks deal to build AAE-2 subsea cable line
In a landmark move to advance global connectivity, a consortium of four powerful subsea cable operators - Zain Omantel International (ZOI), PCCW Global, Sparkle, and Telecom Egypt - have signed a MoU to collaborate on the construction of the Asia-Africa-Europe-2 (AAE-2) subsea cable system. A next-generation subsea digital link, AAE-2 will be linking Asia, Africa and European continent, as part of its efforts to empower emerging markets as well as drive digital transformation and unlocking economic growth. The project is spearheaded by industry leaders combining expertise and resources to deliver a world-class infrastructure. This groundbreaking project marks a vital step in addressing the increasing demand for robust internet infrastructure, facilitating faster data transfer and improved connectivity across multiple regions. The consortium aims to deliver unprecedented capacity and reliable connectivity by creating a future-proof data highway across the three continents. It is dedicated to ensuring the successful delivery of this transformative infrastructure project, which will play a crucial role in shaping the future of global connectivity. The project aims to establish a robust next-generation subsea digital link connecting Hong Kong and Singapore to Italy traversing secure and high-capacity terrestrial corridors across Thailand, the Arabian Peninsula, and Egypt. It is planned to strategically deliver unprecedented capacity and foster seamless, reliable connectivity across the three continents, it added. On the mega initiative, Zain Omantel International CEO Sohail Qadir said: "This collaboration marks a defining milestone for ZOI and the region we proudly serve. As the international gateway for the Middle East, we are uniquely positioned at the crossroads of Asia, Africa and Europe, making us a strategic enabler of next-generation connectivity." "AAE-2 reflects our long-term vision to connect continents and digital ecosystems through resilient and state-of-the-art infrastructure. Our cooperation brings together advanced infrastructure, diverse terrestrial routes and AI-ready capacity. AAE-2 will strengthen global traffic flows, empower emerging markets and unlock new avenues for economic growth across the region and beyond," he stated. AAE-2 will also feature strategic extensions to additional key destinations across its route, further enhancing intercontinental connectivity and supporting the growing demands of cloud services, content delivery, and digital transformation initiatives across the regions. This ambitious initiative is designed to revolutionize global connectivity by delivering a geographical diverse, resilient, and high-performance route for international traffic. By integrating both subsea and terrestrial infrastructure, AAE-2 will create a future-proof data highway between Asia, Africa and Europe. Building on the legacy of the AAE-1 cable, AAE-2 will incorporate the most advanced technological innovations offering unprecedented bandwidth capacity to serve the tremendous traffic needs and empowering communities and businesses across Asia, Africa and Europe. Frederick Chui, Chief Executive Officer of PCCW Global, said: "PCCW Global is proud to contribute to the AAE-2 initiative, building on our legacy of supporting vital global infrastructure. Following our instrumental role in the success of the AAE-1 system, we are pleased to bring our expertise to AAE-2, an advanced, high-capacity and geographically diverse subsea cable system connecting Asia and Europe." "This next-generation network underscores our continued commitment to delivering resilient, secure and scalable connectivity for key markets such as Hong Kong, empowering the digital growth of tomorrow," he stated. Sparkle CEO Enrico Bagnasco said: "The AAE-2 cable system is an innovative project perfectly in line with Sparkle's long-term strategy to strengthen the Asia-Africa-Europe corridor by enhancing route diversity and ensuring the highest levels of network resilience." "In recent years, we have invested in new submarine systems and established advanced landing hubs along this strategic route, reinforcing our commitment to reliable global connectivity," he noted. Among the key initiatives are the Blue & Raman submarine cable systems - that links Italy to India through an innovative path - together with the strengthening of the Sicily Hub in Palermo and the hub in Chania as well as the creation of a brand new scalable landing platform in Genoa. "With AAE-2, we are taking a further step forward, contributing to the creation of a distinctive infrastructure that combines terrestrial and subsea solutions to deliver secure, high-capacity, and low-latency connectivity in support of the digital transformation of businesses and communities worldwide," stated Bagnasco. Telecom Egypt Managing Director and CEO Mohamed Nasr said: "Over the years, we have made major investments and established partnerships to develop our cutting-edge subsea cable infrastructure, that we are witnessing today." "The construction of AAE-2 cable system is a continuation of our success stories as a global data connectivity provider and is another testament to our commitment to driving digital connections through major collaborations," he noted.
