Deals3 April 2026 at 03:31 pm
Kernex Microsystems India Ltd Secures Rs. 91.12 Crore Order from Banaras Locomotive Works
AI Summary
Kernex Microsystems India Ltd has been awarded an order from Banaras Locomotive Works for a value of Rs. 91.12 Crores (Incl. GST) for the Supply, Installation, Testing and Commissioning of 112 sets of On-board KAVACH Loco Equipment as per RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or latest. The order is to be executed on or before 15/02/2027.
Key Highlights
- Order value: Rs. 91.12 Crores (Incl. GST)
- Supply, Installation, Testing and Commissioning of 112 sets of On-board KAVACH Loco Equipment
- Order to be executed on or before 15/02/2027
- Awarded by domestic entity: Banaras Locomotive Works
- Does not fall under related party transactions