HBL Engineering Gets ₹101.55 Cr Kavach Order from IRCON — 778 Kms of Safety Tech on Indian Railways
CMP: ₹564.00 | New Order Win: ₹101.55 Cr | Total Order Book: ₹3,865.43 Cr | Sector: Railway Signaling (Kavach)
🛡️ At a Glance
HBL Engineering Ltd (NSE: HBLENGINE) just received a Letter of Acceptance from IRCON International Ltd, awarding a ₹101.55 Cr contract for the rollout of Kavach — India’s indigenous Automatic Train Protection (ATP) system.
The project scope spans:
85 stations
778 kms
2 locomotives
18-month deadline
That’s a serious trust signal from Indian Railways — and a tech-heavy validation of HBL’s execution capabilities.
📦 Deal Details
📌 Detail
📊 Description
Client
IRCON International Ltd (Govt of India undertaking)
Sector
Railway Signaling & Safety (South Western Railway)
Scope
Kavach system deployment on 85 stations, 778 kms
Locomotives Covered
2
Order Value
₹101.55 Cr (incl. 18% GST)
Execution Timeline
18 months
Related Party Involvement
❌ None
Region
Bangalore & Mysore divisions
Order Type
Competitive tender
🧠 EduInvesting Take
Kavach isn’t just a tech upgrade — it’s a national safety mandate. And HBL Engineering is now entrenched in it.
