Concord Control Systems has secured a major contract worth approximately ₹47.00 crores for green hydrogen locomotive technology through its wholly owned subsidiary Advanced Rail Controls Private Limited. The contract was awarded by NTPC Limited for supplying equipment for a 3100 HP Green Hydrogen Fuel Cell Locomotive.

Contract Details

The comprehensive contract encompasses the supply of all plant and equipment required for a Green Hydrogen Fuel Cell Locomotive (Retrofitted) designated for operation at NTPC SIPAT. This represents a significant entry into the sustainable rail transportation sector for the company.

Subsidiary Involvement

Advanced Rail Controls Private Limited, the wholly owned subsidiary of Concord Control Systems, will execute this contract. The subsidiary specializes in rail control systems and has been selected to deliver the complete plant and equipment package for this innovative green hydrogen locomotive project.

Strategic Significance

This contract marks Concord Control Systems' entry into the emerging green hydrogen rail technology sector. The project involves retrofitting locomotive technology with green hydrogen fuel cell systems, aligning with India's sustainable transportation initiatives and NTPC's commitment to clean energy solutions.

Regulatory Compliance

The company has confirmed that this contract does not involve any related party transactions and has been executed at arm's length. Additionally, the promoter group has no interest in NTPC Limited, ensuring complete transparency in the business arrangement.

The contract execution timeline of 18 months provides a clear roadmap for project completion, positioning Concord Control Systems as a key player in India's transition toward sustainable rail transportation technology.

Concord Control Systems has announced securing a significant contract from Indian Railways through its wholly-owned subsidiary Advanced Rail Controls Private Limited. The order, valued at ₹56.58 crores, focuses on locomotive wireless control systems, marking another milestone in the company's railway technology portfolio.

Order Details and Execution Structure

The contract has been awarded to Advanced Rail Controls Private Limited, the wholly-owned subsidiary of Concord Control Systems. The comprehensive project involves supply, installation, and commissioning of locomotive wireless control systems for Indian Railways, demonstrating the group's expertise in railway technology solutions.

Regulatory Compliance and Disclosure

The company has made the announcement pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that the order does not involve any related party transactions and is executed at arm's length with no promoter group interest in the awarding entity.

Enhanced Order Book Position

With this latest contract, Concord Control Systems' total order book now stands at ₹450.00 crores. This substantial order book reflects the company's strong market position in railway control systems and growing client confidence in its technological capabilities across the transportation infrastructure sector.

Strategic Market Positioning

The order reinforces Concord Control Systems' position as a key player in India's railway modernization initiatives. The execution through its specialized subsidiary Advanced Rail Controls Private Limited demonstrates the company's structured approach to railway technology solutions, positioning it well for continued growth in India's expanding railway infrastructure segment.