CG Power's GGT Secures ₹433 Crore KAVACH Order from Indian Railways

• CG Power's subsidiary GG Tronics India Private Ltd (GGT) secured a ₹433.34 crore order from Chittaranjan Locomotive Works, West Bengal.
• The order is for the supply and deployment of KAVACH, India’s indigenous Train Collision Avoidance System, with a one-year execution timeline.
• GGT will handle supply, installation, testing, and commissioning of on-board KAVACH locomotive equipment as per RDSO specifications.
• The contract includes an 11-year annual maintenance contract, starting from the fifth year at 3% per annum.
• CG Power is experiencing strong growth due to rising power sector demand, improved industrial performance, and increased exports.

Why It Matters: CG Power's GGT wins a major ₹433 crore KAVACH order, boosting Indian Railways' safety and GGT's market position.