HBL Engineering Limited has been awarded a significant contract worth Rs. 179.79 Crore by Banaras Locomotive Works (BLW). The project involves the supply, testing, and commissioning of On-board KAVACH equipment (Ver. 4.0), a vital safety system for the Indian Railways. This domestic order is scheduled for completion by February 15, 2027, further strengthening the company’s role in advancing railway safety technology.
Strategic Railway Safety Contract
HBL Engineering Limited has officially secured a new domestic order from Banaras Locomotive Works (BLW), a key production unit of Indian Railways. The contract, valued at Rs. 179.79 Crore (inclusive of 18% GST), highlights the company’s expertise in manufacturing advanced signaling and safety solutions. The project focuses on the implementation of On-board KAVACH equipment (Ver. 4.0), which is instrumental in preventing train collisions and enhancing operational safety across the national rail network.
Project Timeline and Specifications
The scope of the contract encompasses the complete lifecycle of the technology integration, including the supply, testing, and commissioning of the equipment. According to the disclosure, the company is committed to completing all requirements of the project on or before February 15, 2027. This timeline underscores the company’s focus on meeting critical infrastructure deadlines as the Indian Railways accelerates the rollout of its indigenous anti-collision system.
Corporate Commitment
HBL Engineering Limited has confirmed that the project is an independent commercial transaction. There is no involvement or interest from the company’s promoters or promoter group in the entity awarding the contract, and the project is classified as an arm’s length transaction, falling outside the purview of related party dealings.
Source: BSE
