Kernex Microsystems (India) announced that the Western Railways, Ahmedabad has issued a letter of Acceptance (LOA) to KERNEX- KEC CONSORTIUM for the project viz, for Provision of KAVACH Version 4.0 or latest (formerly known as Train Collision A voidance System-TCAS), including provision of communication back bone based on UHF and OFC on Palanpur - Samakhiyali - Gandhidham Section on Ahmedabad Division of Western Railway. The Company is partner of the said Joint venture with a share of70%. The accepted Bid cost for the project is Rs. 182.81 crore (IncI.
GST@18%). The Completion period is 730 days from the date of LoA.