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Quadrant Future Tek secures LoA worth Rs 155.93 crore

27 Mar 2025 Evaluate

Quadrant Future Tek has received a Letter of Acceptance (LoA) dated March 26, 2025, for receipt of a new work order worth Rs 155.93 crore (Including taxes) from RailTel Corporation of India for Supply, Installation and Commissioning of Kavach (Indigenous Train Collision Avoidance System) Systems at East Central Railway. 

This project involves the Provision of Kavach (Indigenous Train Collision Avoidance System) Systems on Railway Tracks of 502.2 RKM covering 71 Railway Stations of East Central Railway. The said order is to be executed within 21 months.

Quadrant Future Tek is engaged in the business of manufacturing of speciality cables and design, development & manufacturing of embedded systems for railway signalling & train control applications.


Peers
Company Name CMP
Polycab India 8250.00
KEI Industries 4570.00
RR Kabel Ltd. 2424.55
Finolex Cables 1423.25
Precision Wire India 463.20
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