Kernex Micro Systems (India) Limited is delighted to announce that it has been awarded a significant contract worth Rs. 2,041.04 crores by Chittaranjan Locomotive Works, Ministry of Railways, Government of India.
This landmark order involves the supply, installation, testing, and commisSioning of 2,500 sets of On-board KAVACH equipment, in line with ROSa Specification No. RDSO/SPN/196/2020, Ver 4,0 or latest. The project, a vital step in advancing railway safety and modernization, is slated for completion within 12 months.
KAVACH, also known as Train Collision Avoidance System (TCAS) or Automatic Train Protection System (IRATPS), is a cutting-edge safety solution developed to prevent train collisions and enhance operational safety. Kemex Micro Systems (India) Limited, as an RDSO-approved vendor, has consistently played a pivotal role in the development and deployment of this critical safety technology.
With over 33 years of expertise, Kernex Micro Systems is a technology-driven company specializing in:
Railway Safety Systems: Design, development, and turnkey execution.
Software and Embedded Design Solutions: Offering innovative, scalable solutions.
Networking Services: Catering to the evolving demands of the transportation sector.
The company has cemented its reputation for delivering robust, reliable, and innovative railway signalling systems, contributing to the modernization of India's rail network.
Winning this prestigious order reaffirms Kernex's dedication to supporting the Government of India's railway safety initiatives. This project not only strengthens the company's leadership in safety systems but also highlights its commitment to timely project execution and unparalleled service quality.
Shares of Kernex Microsystems (India) Limited was last trading in BSE at Rs. 1257.00 as compared to the previous close of Rs. 1197.15. The total number of shares traded during the day was 6155 in over 111 trades.
The stock hit an intraday high of Rs. 1257.00 and intraday low of 1257.00. The net turnover during the day was Rs. 7736835.00.