HBL Engineering Limited has informed the Exchange about receipt of letter of acceptance to HBL for upgradation of the Kavach Version 3.2 to Version 4.0 in Mudkhed(Including) - Manmad (Excluding) Section. The Value of the contract is Rs.30.67 Crs to be completed with 24 months. The total accumulated order book including this contract for upgradation of Kavach system is Rs.4,029.05 Crores.