Kay Cee Energy & Infra, a prominent player in India’s power infrastructure space, has announced a significant new contract win from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL). The company has bagged a work order valued at INR 43.53 crore, inclusive of GST, for the deployment and maintenance of an Emergency Response Team (ERT) dedicated to Extra High Voltage (EHV) lines under the RVPN Transmission System.
Project Scope and Duration
The awarded contract includes:
- Emergency Restoration System (ERS) with all necessary accessories.
- Preventive and periodic maintenance strategies.
- Emergency interventions, major breakdown restoration, and targeted repair work for EHV lines.
These services will contribute to strengthening the resilience and long-term reliability of Rajasthan’s high-voltage transmission network, minimizing downtime and operational risks.
The execution timeline for the project includes:
- A supply period of 6 to 8 months (depending on the availability of valid test reports).
- Operational and maintenance responsibilities extending over a period of 60 months (5 years) from the date of the letter of acceptance.
A String of Successes
This is not the first recent win for Kay Cee Energy. Just days earlier, the company announced another INR 39.03 crore order, also from RRVPNL, for a similar EHV maintenance contract. This underscores a robust working relationship between the two entities and reinforces Kay Cee Energy’s strategic importance in Rajasthan’s power sector.
Company Overview
Established in 2015, Kay Cee Energy & Infra has grown rapidly in the Engineering, Procurement, and Construction (EPC) domain, focusing on transmission and distribution systems. With a rising order book, now standing at INR 496 crore as of 31 January 2025, the company has emerged as a dependable partner to major government and private sector entities including Power Grid Corporation of India and Larsen & Toubro.
To further strengthen its capabilities, the company is setting up its first manufacturing facility in Rajasthan, aimed at improving supply chain control and reducing dependency on third-party suppliers.
Kay Cee Energy Post-IPO Performance
Kay Cee Energy & Infra launched its IPO on 28 December 2023. The IPO was a fresh issue worth INR 15.93 crore. The IPO was strongly subscribed to 959.53X and delivered impressive 343.33% return on listing day. The Post-IPO performance was also steller and shares of Kay Cee Energy made an all-time high of INR 391 per share, reflecting a ~63% return. Currently, it is trading around INR 228 per share (a correction of ~41% from its 52 week high).
Conclusion
This new work order further cements Kay Cee Energy & Infra position as a key player in India’s power transmission sector. With a growing order book, expanding capabilities, and consistent support from key clients like RRVPNL, the company is well-positioned for sustained growth in the evolving energy landscape. For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.