What is the total value of the order awarded to Kernex Microsystems by Banaras Locomotive Works?

The order awarded to Kernex Microsystems by Banaras Locomotive Works is valued at ₹411.17 crore, including GST.

How many Kavach loco equipment units will Kernex Microsystems supply under the new contract?

Kernex Microsystems will supply 505 on-board Kavach loco equipment units as part of the contract with Banaras Locomotive Works.

What is the execution period for the ₹411.17 crore contract awarded to Kernex Microsystems?

The execution period for the contract is 12 months, starting from the date of the purchase order.

Home / Business and Economy / Kernex Microsystems Bags Major ₹411 Crore Rail Safety Deal

Kernex Microsystems Bags Major ₹411 Crore Rail Safety Deal

11 Feb

•

Summary

Kernex Microsystems secured a ₹411.17 crore order from Banaras Locomotive Works.
The order is for 505 Kavach loco equipment units, including GST.
The contract execution period is set for 12 months from the order date.

Kernex Microsystems Bags Major ₹411 Crore Rail Safety Deal

Kernex Microsystems (India) Limited has announced a major contract win from Banaras Locomotive Works (BLW), Varanasi. The domestic order is valued at ₹411.17 crore, including Goods and Services Tax (GST).

This significant contract mandates the supply, installation, testing, and commissioning of 505 on-board Kavach loco equipment units. The project is expected to be completed within a 12-month timeframe from the issuance of the purchase order. This development follows a recent announcement where Kernex Microsystems, as part of a joint venture, secured a ₹21.03 crore contract for upgrading the Kavach safety system on the Bidar - Parli Vaijnath section for South Central Railways.

The company's shares concluded trading at ₹1,233.15 on the BSE, marking a 3.05% increase. This latest order underscores Kernex Microsystems' growing role in enhancing railway safety infrastructure across India.