HBL Engineering Secures ₹148.44 Crore KAVACH Order from Indian Railways
HBL Engineering Limited has achieved a major milestone by securing a Letter of Acceptance (LoA) from the Bhopal Division of West Central Railway for the implementation of KAVACH, an advanced railway safety system. This contract, valued at ₹148.44 crore (inclusive of GST @18%), has been awarded to the HBL-Shivakriti Consortium, with HBL as the lead member.
Key Highlights of the Contract
Project Details
- Awarding Entity: Bhopal Division of West Central Railway
- Order Value: ₹148.44 Crore (inclusive of GST @18%)
- Consortium: HBL-Shivakriti Consortium, with HBL as the lead partner
- Scope of Work: Implementation of KAVACH safety technology in the following railway sections:
- Bina-Itarsi-Jujharpur section
- BPL-SHRN section
- UP and DN flyover track from Jujharpur to Powarkheda
- Completion Timeline: 540 days
Strategic Importance
KAVACH is an advanced railway safety system designed to enhance train collision prevention and operational safety. This project aligns with the Indian Railways’ push for improved safety standards and technological advancement in rail operations.
Transparency and Governance
- Nature of Order: Domestic
- Related Party Transactions: The contract does not involve any related party transactions, ensuring complete transparency in execution.