Latest news with #KAVACHVersion4.0
Business Standard
17 hours ago
- Business
- Business Standard
Kernex Microsystems JV bags Rs 183-cr KAVACH order from Western Railway
Kernex Microsystems (India) announced that its joint venture, the Kernex-KEC Consortium, has received a Letter of Acceptance (LoA) worth Rs 182.81 crore from Western Railway. The contract involves the provision of KAVACH Version 4.0 or the latest (formerly known as Train Collision Avoidance System TCAS), including the deployment of a communication backbone based on UHF and OFC on the PalanpurSamakhiyaliGandhidham section under the Ahmedabad Division of Western Railway. The project is valued at Rs 182.81 crore and is scheduled to be executed within 730 days. Kernex holds a 70% stake in the consortium. Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways. The company's consolidated net profit surged 358.2% to Rs 32.59 crore on an 829.9% rise in total income to Rs 83.69 crore in Q4 FY25 over Q4 FY24. Shares of Kernex Microsystems (India) rose 0.83% to close at Rs 1,234.20 on Friday, 6 June 2025.
Business Standard
a day ago
- Business
- Business Standard
Kernex Microsystems JV wins Western Railways' KAVACH project of Rs 182 cr
Kernex Microsystems (India) announced that the Western Railways, Ahmedabad has issued a letter of Acceptance (LOA) to KERNEX- KEC CONSORTIUM for the project viz, for Provision of KAVACH Version 4.0 or latest (formerly known as Train Collision A voidance System-TCAS), including provision of communication back bone based on UHF and OFC on Palanpur - Samakhiyali - Gandhidham Section on Ahmedabad Division of Western Railway. The Company is partner of the said Joint venture with a share of70%. The accepted Bid cost for the project is Rs. 182.81 crore (IncI. GST@18%). The Completion period is 730 days from the date of LoA. Powered by Capital Market - Live News
