Contract Award Details

Kernex Microsystems (India) Limited has been awarded a Letter of Intent (LOI) by Jindal Steel Limited (JSL) for the design, supply, installation, testing and commissioning of an advanced Yard Safety Management & Automation System (Torpedo & Loco Tracking System).

Financial Consideration

The contract value is ₹15.90 Crores (Exclusive of GST).

Technical Specifications

The proposed solution is described as:

  • Proprietary, end-to-end integrated platform developed by the Company
  • Combines real-time locomotive tracking
  • Safety interlocking systems
  • Sensor-based field integration
  • AI-enabled central command and monitoring software
  • Conceptualized and engineered as ground-up industrial safety and automation architecture
  • Tailored for large-scale industrial yards

Strategic Significance

The Company states that:

  • No comparable integrated yard automation and safety solution exists in Indian industrial environments at this scale
  • Positions Kernex as an early mover and technology leader in this emerging segment
  • Validates Company's capabilities in mission-critical systems integration, industrial automation, software engineering and safety-focused infrastructure deployment
  • Represents natural extension of Company's established engineering competencies
  • Strengthens presence beyond traditional railway-focused operations
  • Demonstrates growing ability to deliver specialized, high-value engineering and integrated technology solutions

Business Context

Kernex continues to remain strongly focused on its core KAVACH business with substantial long-term opportunity pipeline from Indian Railways. The project leverages capabilities developed through railway safety operations including safety-critical systems design, embedded electronics, sensor integration, real-time monitoring, communications infrastructure and field commissioning.

Future Opportunities

The Company identifies significant future opportunities in sectors including:

  • Integrated steel plants
  • Coal handling and dispatch yards
  • Aluminium smelters
  • Cement manufacturing complexes
  • Logistics terminals
  • Cargo ports

These sectors are noted as having underpenetrated industrial yard automation and safety management systems.

Annexure Details (Significant Terms and Conditions)

  • Nature of Order: Supply of Torpedo & Loco Tracking System
  • Domestic/International: Domestic
  • Execution Timeline: As per the Work Order which is to be received from JSL
  • Contract Value: Rs. 15.90 Crores
  • Promoter/Promoter Group Interest: No
  • Related Party Transaction: Not Applicable (NA)