The Company has received a sub-contract order from M/s. MSR-Medikonda JV towards Comprehensive Signalling and Telecommunication works in connection with doubling of track between Dornakal ....
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Hiliks Technologies has received a sub-contract order worth Rs. 33.39 crore from M/s MSR-Medikonda JV for comprehensive signalling and telecommunication works. The project involves doubling of railway track between Dornakal Junction and Bhadrachalam Road Station, including electronic interlocking and OFC communications. The order is part of an EPC contract being executed for South Central Railway Zone and is to be completed in 18 months. The order is domestic, awarded through tenders, and has no related party or promoter interest involved.
This is a sizable new order (Rs. 33.39 crore) from a railway infrastructure project, which should positively contribute to the company's revenue over the next 18 months. For a small company like Hiliks, this represents meaningful business expansion in the railway signalling segment.