Order win▲ Bullish for KEC International
Green Energy Corridor Phase 3: KEC, Transformers & Rectifiers see ₹23,500 crore order opportunity
The brief
- KEC International and Transformers and Rectifiers expect a ₹23,500 crore order opportunity from Green Energy Corridor Phase 3
- Potential orders could lift revenue visibility for KEC International and Transformers and Rectifiers
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India’s Green Energy Corridor III
The Union Cabinet approved the ₹1.86 lakh crore Green Energy Corridor III to enable evacuation of up to 135 GW of renewable energy, including support for energy storage. The scheme could benefit power and renewable-energy businesses, though implementation depends on state utilities.
Monday, 5 October
- Green Energy Corridor Phase 3: KEC, Transformers & Rectifiers see ₹23,500 crore order opportunity