Kernex wins $17.5 mn order from Egyptian Railways

Hyderabad, Nov 20 (UNI) Kernex Microsystems India Ltd today announced that it had won a .5 million order from the Egyptian National Railways to supply and develope 136 semi-automatic level crossings and was negotiating additional provisions of 174 gates.

This is part of the Egyptian Railways' process for modernizing and upgrading their National Railway infrastructure and assets, a press release here said.

Kernex Microsystems Managing Director (Retd) Col L V Raju said, ''We are pleased as to receive this order, we had competed with the big names in the industry. We were extremely competitive in our offer, both in price and quality. This is a good boost to our organisation.'' " ENR has selected Kernex to undertake the US.5 m modernization of 136 level crossings. The Contract was executed on November 5, 2008 and work would commence immediately.'' Talking about his R &D and Marketing plans, he said, ''To facilitate easy operations to our clients, we will shortly be opening Kernex office in Cairo, Egypt,'' he also announced.

UNI VA VV PAG1735