Deals31 Mar 2025, 04:06 pm
Central Railway Awards HBL Engineering Contracts Worth Rs. 762.56 Crores for Kavach Systems Across 413 Stations
AI Summary
HBL Engineering Ltd. has received five letters of acceptance from the Central Railway for the supply of Kavach systems. The total value of these contracts is Rs. 762.56 Crores (inclusive of 18% GST). The contracts cover 3,900 kilometers across 413 stations and each contract has to be completed within 18 months. This brings the total value of all Kavach contracts awarded to HBL Engineering Ltd. during the year to Rs. 3,618 Crores.
Key Highlights
- Central Railway awards HBL Engineering contracts worth Rs. 762.56 Crores
- Contracts cover 3,900 kilometers across 413 stations
- Each contract has to be completed within 18 months
- Total value of Kavach contracts awarded to HBL Engineering during the year is Rs. 3,618 Crores