Kernex Microsystems (India) announced that the "South Central Railways, Secunderabad" has issued a letter of Acceptances (LOA) to KERNEX- VRRC JV for the project for Upgradation of Kavach Version 3.2 to 4.0 in Sadashivpet Road (Excluding) - Bidar - Parli Vaijnath
Parbhani (Excluding) Section of South Central Railway.
The accepted Bid cost for the project is Rs. 21.03 crore (Incl. GST@18%).
The Completion period is 24 months from the date of LoA.
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