Multiple contracts bagged by HBL Power Systems
Engineered products and services provider HBL Power Systems (HBL) as a lead member of a consortium with Siemens, signed the first contract under the Mission Raftar project. The contract is signed with Eastern Railway for the deployment of Kavach (TCAS Train Collision Avoidance System) over 260 km of track and 120 locomotives, from Howrah to Pradhankhanta.
The contract cost is Rs 286.69 crores with a deadline of 700 days. Deliveries begin in Nov 2022 and are scheduled to be completed by Jul 2023.
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