loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

ICICIdirect Research 29 Jun 2026 DISCLAIMER

News: KEC International Limited has informed that Power Grid Corporation of India Limited (PGCIL) has revoked the company's exclusion from participating in its tenders and contracts, effective 26 June 2026. Consequently, KEC is now eligible to participate immediately as a bidder and sub-contractor in all PGCIL tenders, ending the restriction imposed in November 2025

View: The revocation removes a key overhang for KEC International Limited by restoring its eligibility to bid for Power Grid Corporation of India Limited projects. This is expected to support domestic transmission order inflows and improve revenue visibility. Additionally, the decision removes a key governance-related concern that had weighed on investor sentiment

Impact: Neutral

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere