Deals15 Oct 2024, 05:44 pm
Hiliks Technologies Secures Sub-contract Order of Rs. 28 Crore for Comprehensive Signalling and Telecommunication Works
AI Summary
Hiliks Technologies Ltd has announced receiving a sub-contract order from RAILONE-MEDIKONDA JV for Comprehensive Signalling and Telecommunication works in connection with doubling of track between Basara station (Incl) to Navipet station (Incl) with Electronic Interlocking, OFC Communications and Kavach implementation. The order, worth Rs. 28,05,33,544, is a domestic sub-contract order and is to be executed within 18 months. There is no related party transaction involved in this order.
Key Highlights
- Hiliks Technologies Ltd has been awarded a sub-contract order worth Rs. 28,05,33,544 from RAILONE-MEDIKONDA JV.
- The order is for Comprehensive Signalling and Telecommunication works in connection with doubling of track between Basara station (Incl) to Navipet station (Incl) with Electronic Interlocking, OFC Communications and Kavach implementation.
- The order is a domestic sub-contract order and is to be executed within 18 months.
- There is no related party transaction involved in this order.
- The order was awarded through a sub-contract from South Central Railway Zone.