CG Power's subsidiary GGT secures ₹433 crore KAVACH order from Indian Railways

Engineering company CG Power and Industrial Solutions Ltd on Friday (January 30) said its subsidiary GG Tronics India Private Ltd (GGT) it has secured a significant order from Chittaranjan Locomotive Works, West Bengal, Government of India, for the supply and deployment of KAVACH, India’s indigenous Train Collision Avoidance System.

The total order value is ₹433.34 crore, inclusive of taxes, with an execution timeline of one year. The order reinforces GGT’s position as a partner to Indian Railways in providing critical, safety-centric signalling solutions supporting rail modernisation and safety initiatives.

Under the contract, GGT will handle the supply, installation, testing, and commissioning of on-board KAVACH locomotive equipment in line with RDSO specifications.

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The order also includes an annual maintenance contract for 11 years, applicable from the fifth year onwards at 3% per annum as per contract terms. The supply scope further covers complete wiring, harnessing, cabling, and integration with the locomotive KAVACH system, ensuring comprehensive deployment and operational readiness.

Yesterday, CG Power said it is entering a strong phase of growth, backed by rising demand in the power sector, improving performance in industrial businesses, and a sharp push into exports.

Amar Kaul, Managing Director and Chief Executive Officer of CG Power, said the company is benefiting from the rapid expansion underway in the power sector in India as well as overseas.

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CG Power has been growing faster than the overall market, allowing it to gain market share both domestically and internationally. He highlighted that export order bookings for the April–December period have risen by over 50% year-on-year, reflecting growing confidence in India-made products and the company’s capabilities in quality, design, and execution.

At the same time, CG Power is making long-term strategic investments in semiconductors and new-age segments such as data centres, even as these weigh on near-term earnings. The company sees these bets as critical to building a global footprint over time.

Shares of CG Power and Industrial Solutions Ltd ended at ₹583.75, down by ₹6.30, or 1.07%, on the BSE.

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