HBL Engineering Limited (formerly HBL Power Systems) has received a major boost in its railway signaling business after being awarded five Letters of Acceptance (LoAs) from Central Railway for the implementation of the Kavach automatic train protection system. The total value of the contracts stands at Rs 762.56 crore (inclusive of 18% GST).
According to the regulatory filing dated March 31, 2025, the scope of the project includes installation of Kavach across 413 railway stations, covering approximately 3,900 kilometers of rail network. Each contract is scheduled for completion within 18 months.
With this development, the total value of Kavach-related contracts awarded to HBL in FY25 has now reached an impressive Rs 3,618 crore.
Project details
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Client: Central Railway
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Contract Value: Rs 762.56 crore (including 18% GST)
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Coverage: 413 stations, 3,900 km
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Timeline: 18 months for completion
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Nature of transaction: Domestic, not a related party transaction
This significant win reinforces HBL Engineering’s growing presence in the rail safety and automation sector, especially with the Indian Railways accelerating its adoption of indigenous technology for enhanced passenger safety.
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