Kernex: TCAS led multi year growth story

Where is this data? Any link for the same?

Next phase of Kavach implementation is planned as under:-

Project for equipping 10,000 Locomotives has been finalized.

Bids for track side Works of Kavach for approximately 15000 RKm have been invited, out of which Bids for about 9000Rkm have been opened. It covers all GQ, GD, HDN and Identified sections of Indian Railways.

The cost for provision of Track Side including Station equipment of Kavach is approximately Rs. 50 Lakhs/Km and cost for provision of Kavach equipment on locomotives is approximately Rs. 80 Lakh/Loco

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Other than Kernex HBL CG and railtel did another company having or developing this TCAS or KAVCH technology??
With thanks

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Order wins of Kavach for every Locomotive is Approx in the range of Rs 65-70 lac along with 4 years AMC . Post that AMC for 11 years at approximate 2-3% of cost .

Medha engineering is another player . Doubt Railtel is in this tech

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Medha is not a listed firm.
Railtel recently acquired Punjab based company which has the Kavach vertical.

Concord Control is another listed company which has 26% stake in progota. This progota has conducted some trails on KAVACH. They are in final stages for getting approvals from RDSO.
Concord also planning to increase their stake in this company.

With thanks

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As per recent PIB press release wrt information given by Railway Minister Shri Ashwini Vaishnaw Ji in a written reply in Lok Sabha “Currently, 3 OEMs are approved for supply of Kavach System. To increase capacity and scale of implementation, trials and approval of more OEMs are at different stages.”

Kavach system is indigenously developed by DRDO in collaboration with Medha Servo Drives, Kernex Microsystems and HBL Power Systems.

GG Tronics, which is a subsidiary of CG Power now and recently secured Kavach order worth Rs.500 crore is also an approved/partially approved vendor for Kavach. In August 2024 concall CG Power management mentioned that GG Tronics is 1 of 4 approved vendors and later in Oct 2024 they mentioned that they have received developmental order worth Rs. 4 crore for Kavach.
CG Power management said in Oct 2024 “The Kavach, right now, we are at the development phase. So we get around 20% of the market share in Kavach. And we hope to get this Kavach qualified early next year. By January, we should be a full portion Kavach supplier.”

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Agree . Medha engg group has controlling stakes in Olectra Greentech as one of the listed entities . They are one of the global leaders in Railway tech . I assume their Name appears as Medha Servo Drives and they are one of the 3 OEMs who are qualified to do Kavach tender Biddings . Other’s may qualify and bid in later rounds . But let’s account for time required to Qualify as a bidder .

Agree . They are moving towards developing these solutions . They are already RDSO approved vendor and may get fast approval if their solution is comparable . Can be huge positive for them

Dear - I think you are talking about Megha Engg.
Medha Servo drive is a PVT limited company.
As per my understanding Medha has no relationship in terms of ownership with Olectra
With thanks