Deals15 Jan 2026, 09:30 am
Kernex Microsystems India Ltd Secures Rs. 2,465.71 Crores Order from CLW for On-board KAVACH Loco Equipment
AI Summary
Kernex Microsystems India Ltd has been awarded an order valued at Rs. 2,465.71 crores by Chittaranjan Locomotive Works (CLW) for the supply, installation, testing and commissioning of 3,024 sets of On-board KAVACH Loco Equipment. This strategic order enhances the company's revenue visibility and reinforces its market position in the railway safety sector.
Key Highlights
- Kernex Microsystems India Ltd secures a significant order worth Rs. 2,465.71 crores from Chittaranjan Locomotive Works (CLW).
- The order is for the supply, installation, testing and commissioning of 3,024 sets of On-board KAVACH Loco Equipment.
- This order is expected to enhance the company's revenue visibility and strengthen its market position in the railway safety sector.
- The contract is awarded for a period of 12 months from the date of purchase order.
- The order value is Rs. 2,465.71 crores.