HBL Engineering Wins ₹7.63 Billion in Railway Safety Contracts, Further Fortifies Leadership in Kavach Systems

HBL Engineering Ltd, the industry leader in railway safety solutions, has won a string of large contracts worth ₹7.63 billion. The company, together with Shivakriti International as the HBL-Shivakriti Consortium, has secured five Letters of Acceptance (LoAs) from Indian Railways for the Kavach system installation in several regions.

 

Highlights:

Five Contracts Handed Over: Five contracts for installing Kavach, India's indigenous automatic train protection system, have been awarded to HBL Engineering at a cost of ₹7.63 billion.

 

Big Orders:

Scope of Work: The agreements provide for the deployment of Kavach systems in 413 stations and about 3,900 kilometers of track. The work is to be completed within 18 months.

 

Significance: The Kavach system aims to improve the safety of trains by avoiding collisions and ensuring effective railway operations.

 

Strategic Importance:

These orders consolidate HBL Engineering's leadership position in railway safety technology. The company has regularly exhibited its capabilities in providing cutting-edge solutions to Indian Railways, aimed at the modernization and safety of the nation's transportation infrastructure.

 

Positive Outlook:

HBL Engineering's Managing Director said, "These contract awards highlight our focus on innovation and excellence in rail safety systems. We look forward to completing these projects on schedule while adhering to the highest quality standards."

 

The shares of the company have witnessed positive traction after these announcements as a testament to investor faith in its growth path.

 

Sources: Business Standard, CNBC-TV18, Reuters; March 31, 2025