Mumbai, June 7 -- 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.

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