HBLENGINE

HBL Engineering Wins ₹800 Cr Kavach Order from BLW • 🚆 Major Railway Order: Banaras Locomotive Works (BLW), Varanasi issues LoA for On-board KAVACH (Ver. 4.0). • 💰 Order Size: Contract valued at ₹800.36 Cr (inclusive of 18% GST). • 🛠 Scope of Work: Supply, testing & commissioning of Kavach equipment. • ⏳ Execution Timeline: Order to be completed within 12 months. • 🔍 Arm’s Length Deal: Not a related party transaction; no promoter interest involved. 🟢 Impact: Positive Strengthens order book visibility, boosts revenue pipeline in railway safety systems, and reinforces HBL’s leadership in the Kavach segment.