Deals27 May 2025, 04:28 pm
HBL Engineering Ltd. Receives Letter of Acceptance from IRCON International for Supply of Kavach Worth Rs. 101.55 Crores
AI Summary
HBL Engineering Ltd. has received a Letter of Acceptance from IRCON International for the supply of Kavach worth Rs. 101.55 Crores (Inclusive of taxes) in 18 months. The contract involves the supply of Kavach for 778 Kms and 2 locomotives across 85 stations in the Bangalore and Mysore divisions of South Western Railway. The total value of the contract is Rs. 101.55 Crores (Inclusive of 18% GST). This order increases HBL's total accumulated order book to Rs. 3,865.43 Crores.
Key Highlights
- HBL Engineering Ltd. has received a Letter of Acceptance from IRCON International for supply of Kavach worth Rs. 101.55 Crores.
- The contract involves the supply of Kavach for 778 Kms and 2 locomotives across 85 stations in the Bangalore and Mysore divisions of South Western Railway.
- The total value of the contract is Rs. 101.55 Crores (Inclusive of 18% GST).
- This order increases HBL's total accumulated order book to Rs. 3,865.43 Crores.
- The contract is to be completed in 18 months.