HBL Engineering Limited — New Orders, 25-04-2025: Awarding of order(s)/contract(s)
25-04-2025 | 09:06 am
25-04-2025 | 09:06 am
HBL Engineering Limited has secured five contracts from Central Railway for the provision of the Kavach system at 413 stations, covering a total of 3,900 kilometers. The cumulative value of these contracts amounts to ₹762.56 crore, inclusive of 18% GST, and each contract is expected to be completed within 18 months. Notably, the total value of all Kavach contracts awarded to HBL this year has reached ₹3,618 crore. This partnership reflects HBL's strengthening position in the railway safety technology sector, presenting a positive outlook for growth while enhancing its market credibility.
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