Rs 496 Crore Order Book: Transmission Company Receives New Order Worth Rs 43,52,98,299 From Rajasthan Rajya Vidyut Prasaran Nigam Ltd
The stock is up by 45.4 per cent from its 52-week low of Rs 157 per share.
Kay Cee Energy & Infra Limited has secured a significant work order from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN) for the provision of an Emergency Response Team dedicated to the maintenance of Extra High Voltage (EHV) transmission lines within the RVPN system. This substantial contract, valued at Rs 43,52,98,299 (including GST), underscores RVPN's commitment to ensuring the reliability and resilience of its power transmission infrastructure. The scope of work encompasses the supply of an Emergency Restoration System (ERS) along with all necessary accessories, preventive and periodic maintenance, structured approaches for major breakdown restoration, emergency EHV line interventions, and targeted line repair works.
This achievement is viewed by Kay Cee Energy & Infra as a clear validation of their team's expertise and unwavering dedication. The company expresses its enthusiasm for this collaborative endeavour with Rajasthan Rajya Vidyut Prasaran Nigam Limited, highlighting the strategic importance of these services in minimising operational risks and ensuring the long-term stability of the EHV network. The project is slated for execution over a period of either six or eight months for the supply services, depending on the availability of test reports, and a subsequent 60 months for the maintenance aspect, commencing from the issuance of the letter of acceptance.
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About the Company
Kay Cee Energy & Infra Ltd, a leading player in the power sector, specialises in EPC projects for transmission and distribution systems. Established in 2015, the company has a strong track record of working with government entities like RRVPNL. To further enhance its capabilities and reduce reliance on external suppliers, Kay Cee Energy & Infra Ltd is establishing its first manufacturing facility in Rajasthan. This strategic move will enable the company to manufacture key components for its EPC projects, ensuring greater control over quality, supply chain management, and project execution.
As of January 31, 2025, the company's order book stands at Rs 496 crore. With a strong clientele base that includes prestigious organisations like Rajasthan Rajya Vidyut Prasaran Nigam Limited, Power Grid Corporation of India Limited and L&T, Kay Cee Energy & Infra Ltd is well-positioned to contribute significantly to the growth and development of India's power infrastructure. The company has a market cap of Rs 250 crore with a PE of 30x, an ROE of 20 per cent and an ROCE of 23 per cent. The stock is up by 45.4 per cent from its 52-week low of Rs 157 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.