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HBL Power Systems declared as lowest bidder in two tenders in West Central Railway, Western Railway

02 Sep 2022 Evaluate

HBL Power Systems, as the lead member of a consortium with Shivakriti International, has been declared as the lowest bidder in two tenders in West Central Railway and Western Railway, on the Delhi-Mumbai route. The tender in West Central Railway is for deployment of Kavach over 549 kms of track and 87 locomotives, for a bid price of Rs 353.84 crore including taxes. The tender in Western Railway is for deployment of Kavach over 96 kms of track, for a bid price of Rs 81.67 crore including taxes. The contracts for these tenders are likely to be awarded shortly.

HBL Power Systems is the pioneer in the design, development and manufacture of specialized batteries and DC systems in India. It has more than 30 years of experience in the field of specialized batteries and DC power systems.

HBL Engineering Share Price

794.85 -1.10 (-0.14%)
05-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Exide Inds 399.55
Amara Raja Energy 850.25
HBL Engineering 794.85
Eveready Inds. India 332.95
Indo-National 361.30
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