
LNPR CAPITAL
June 13, 2025 at 07:36 AM
→ The KERNEX-VRRC Consortium has secured two major Kavach (Train Collision Avoidance System) projects in Southern Railway worth ₹311.03 crore (incl. GST).
→ The first project covers the MAS-GDR, MAS-AJJ, and AJJ-RU sections, while the second includes the AJJ-JTJ section with tower and 48 fiber OFC backbone integration.
→ KERNEX holds a 60% stake in the joint venture, with project completion timelines of 730 and 540 days respectively from the issuance of the LoA.