Deals2 Sept 2025, 05:41 pm
Quadrant Future Tek Secures Rs. 128 Crore Order from RailTel for KAVACH System
AI Summary
Quadrant Future Tek Ltd. has received a Letter of Acceptance (LOA) from RailTel Corporation of India Ltd for a work order worth Rs. 1,28,91,00,000/- (Including taxes) for the provision of Kavach System (Indigenous Train Collision Avoidance System) at East Central Railway. The work order involves the provision of Kavach Systems on Low Density Railway Tracks in 607 RKM of East Central Railway.
Key Highlights
- Quadrant Future Tek Ltd. has received a new work order from RailTel Corporation of India Ltd worth Rs. 128 Crores for the provision of Kavach System.
- The work order involves the provision of Kavach Systems on Low Density Railway Tracks in 607 RKM of East Central Railway.
- The Kavach System is an Indigenous Train Collision Avoidance System.
- The order is to be executed within 24 months.
- The order does not involve any related party transactions.