KEC says Power Grid tender ban won’t hit ongoing contracts

KEC International, the RPG group company, on Wednesday said a decision by Power Grid Corp of India to bar the company from future tenders for nine months will have “no bearing” on the execution of its existing contracts with the state-run transmission utility. The clarification followed a communication from Power Grid citing “alleged transgression of contractual provisions” tied to an earlier matter. The restriction is effective from November 18, 2025.