HomeLatestHBL Engineering Secures Rs 133 Crore Railway Safety Contract

HBL Engineering Secures Rs 133 Crore Railway Safety Contract

HBL Engineering Limited has been awarded a ₹133 crore contract by South Central Railway for the deployment of the indigenous Kavach safety system across the Vijayawada–Ballarshah railway section. This project, covering approximately 446 kilometres, 48 stations, and 10 locomotives, is expected to be completed within 18 months.

Following the announcement, HBL Engineering’s stock price experienced a 5% increase, reaching ₹619.45 on the National Stock Exchange (NSE). The company’s shares closed at ₹604.05, up from the previous day’s ₹589.40, reflecting investor confidence in the company’s expanding role in railway safety technologies. Kavach, developed by Indian Railways in collaboration with HBL Engineering, is an Automatic Train Protection (ATP) system designed to prevent train collisions and signal passing at danger (SPAD) incidents.

The system utilizes ultra-high frequency (UHF) radio frequencies and is compatible with existing railway infrastructure, making it a cost-effective solution for enhancing safety across the network. The deployment of Kavach aligns with Indian Railways’ broader safety initiatives and underscores HBL Engineering’s position as a key player in the sector. The company’s involvement in such projects not only contributes to national safety objectives but also positions it for further opportunities in the expanding railway infrastructure development sector. With the government’s commitment to enhancing railway safety, HBL Engineering is poised to benefit from ongoing and future projects.

The company’s expertise in deploying advanced safety systems positions it as a preferred partner for upcoming initiatives aimed at modernizing and securing India’s railway network. This contract marks a significant milestone for HBL Engineering, reflecting its growing influence in the railway sector and its commitment to advancing safety through innovative solutions.

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HBL Engineering Secures Rs 133 Crore Railway Safety Contract
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