Hyderabad, Feb. 6 -- MIC Electronics Limited, a leading provider of electronic and LED display solutions for transportation and infrastructure, on Friday said it has received a Letter of Acceptance (LoA) from the Rail Coach Factory (RCF), Kapurthala, marking its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment.
The order has been awarded following the successful evaluation of the company's bid by the competent authority, the Hyderabad based company said in a release here.
The scope of work will be executed as per the agreed rate structure, delivery timelines, inspection norms, warranty period, and other standard terms and conditions prescribed by the Rail Coach Factory.
Commenting on the developm...