India, Aug. 12 -- HBL Engineering Ltd has received a Letter of Acceptance from West Central Railway for the survey, design, supply, installation, testing, and commissioning of trackside KAVACH equipment at stations and level crossing gates. The scope of work includes erection of towers and associated infrastructure for the Kota–Ruthiyai section and Sogaria–Kota "C" section (166 Rkm) of the Kota division.
The Rs 54.12 crore contract (inclusive of 18% GST) is domestic in nature and is to be completed within 700 days.
The company confirmed that none of its promoters or promoter group entities have any interest in the project, and the transaction does not qualify as a related party transaction.
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