Stock Report

Kernex Microsystems India Ltd JV bags Rs. 255.22 crores order from North Central Railway



Posted On : 2022-09-01 23:18:42( TIMEZONE : IST )

Kernex Microsystems India Ltd JV bags Rs. 255.22 crores order from North Central Railway

The "North Central Railway" has issued a Letter of Acceptance (LOA) to KERNEX-KEC CONSORTIUM for the project viz, 'Provision of KAVACH (Train Collision Avoidance System). along with 48 fibre OFC as a backbone on CH IPYANA BUZURG (EXCL)-KANPUR (EXCL) Sect ion on North Central Railway (Tender No. NCR-S and T-EPC-KAVACH-A)' ("Project").

The accepted Bid Project Cost for the Project is Rs. 255.22 Crores.

The Completion period is 650 days from the date of LoA.

Source : Equity Bulls

Keywords

KernexMicroSystems KEC Consortium OrderWin NorthCentralRailway LOA