Deals1 Apr 2025, 08:38 pm
Kernex-KEC Consortium Wins Rs. 85.14 Crores Contract from North Central Railways
AI Summary
Kernex Microsystems India Ltd. announced that the North Central Railways has issued a Letter of Acceptance to the Kernex-KEC Consortium for a project involving the provision of KAVACH (Train Collision Avoidance System), along with Tower and 4X48 fibre OFC as a backbone on the BHUTESHWAR (INCL) - DHOLPUR (INCL) Section in North Central Railway. The contract is worth Rs. 85.14 Crores (Incl. GST@18%) and the completion period is 500 days from the date of LoA. This brings the total value of Kavach contracts to date to Rs. 2,470.25 Crores.
Key Highlights
- Kernex-KEC Consortium wins a contract worth Rs. 85.14 Crores from North Central Railways.
- The project involves the provision of KAVACH (Train Collision Avoidance System), along with Tower and 4X48 fibre OFC as a backbone on the BHUTESHWAR (INCL) - DHOLPUR (INCL) Section in North Central Railway.
- The completion period for the project is 500 days from the date of LoA.
- The total value of Kavach contracts to date is now Rs. 2,470.25 Crores.
- Kernex Microsystems India Ltd. is the lead member in the consortium.