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Concord Control Systems Limited has bagged a significant order worth ₹185.09 crore from Indian Railways through its associate company, Progota India Pvt. Ltd. The contract involves the supply, installation, testing, and commissioning of On-board KAVACH 4.0 Loco equipment, to be executed within 12 months, strengthening India’s railway safety infrastructure.
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Concord Control Systems Limited has announced a major milestone, securing a ₹185.09 crore order from Indian Railways via its associate company, Progota India Pvt. Ltd. The order pertains to the deployment of KAVACH 4.0, India’s indigenous train collision avoidance system, underscoring the company’s growing role in railway modernization and safety.
Key Highlights:
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Awarding Entity: Indian Railways.
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Order Value: ₹185.09 crore.
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Scope of Work: Supply, installation, testing, and commissioning of On-board KAVACH 4.0 Loco equipment.
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Execution Timeline: Within 12 months.
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Nature of Contract: Domestic, non-related party transaction, awarded at arm’s length.
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Strategic Impact: Strengthens Concord’s position in railway safety technology and supports India’s push for advanced rail infrastructure.
Analysis:
This order reflects Indian Railways’ commitment to enhancing safety through indigenous technology. For Concord Control Systems, the deal not only boosts revenue visibility but also reinforces its credibility as a trusted partner in critical railway projects.
Sources: Concord Control Systems Limited (BSE Filing), Indian Railways Official Announcement
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