HBL Engineering provides updates on its 2024 order for 2,200 Loco TCAS units, noting that 1,659 units (75.4%) were delivered by December 13, 2025. The remaining 541 undelivered units are cancelled. Additionally, out of 10,000 units tendered in 2024, approximately 7,000 undelivered units are expected to be re-tendered. Three other tenders totalling 11,429 units may be decided before March 31, 2026. The total expected demand for the next year is 18,429 units.
Loco TCAS Unit Order Status
HBL Engineering had a 2024 order for 2,200 Loco TCAS units. The delivery deadline was December 13, 2025. By that date, HBL delivered and installed 1659 units, representing 75.4% of the order. The remaining 541 units were deemed cancelled based on the terms of the Purchase Order (PO).
Details on 2024 Tender
The total number of units tendered in 2024 was 10,000. While the precise delivery figures from other suppliers are not known, it is estimated that deliveries from all suppliers, including HBL, totaled approximately 3,000 units. All undelivered units, roughly 7,000, have been cancelled and are expected to be re-tendered.
Additional Tenders
Three other tenders, totaling 11,429 units, have recently been floated. Decisions on these tenders are expected before March 31, 2026.
Future Demand Outlook
The anticipated demand for the next year is 18,429 units (7,000 + 11,429). HBL Engineering notes that such demand was unforeseen when the last notification was made to the stock exchanges.
Source: BSE