HBL Engineering Bags ₹1.46-Billion Order From Western Railway

HBL Engineering Ltd. on Thursday announced that it has received an order worth ₹1.46 billion from Western Railway for the provision of the automatic train protection system 'Kavach' across 48 stations covering 428 kilometers. The contract, which includes an 18% goods and services tax, is expected to be completed within two years, the company said in an exchange filing.