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