Receives Rs 181.56 Cr order from BLW for KAVACH 4.0 equipment
QUADFUTURE · price
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Quadrant Future Tek has received an order from Banaras Locomotive Works (BLW), a government production unit of Indian Railways, for supply, installation, testing and commissioning of 223 Onboard KAVACH Loco Equipment Version 4.0 worth Rs 181.56 Crores (including taxes). Execution period is 12 months from the date of Purchase Order. The order is domestic, at arm's length, with no related party interest. KAVACH is Indian Railways' indigenous automatic train protection system.
Strengthens order book with a major government contract from Indian Railways, supporting revenue visibility over the next 12 months.