Texmaco Rail & Engineering has been awarded a substantial order valued at ₹48.60 crores by North Western Railway. The contract is for the supply of 968 sets of 1 in 12 BG Weldable CMS Crossing for 60E1 Rail in R-260 Grade on PSC Sleepers, according to RDSO drawings. This domestic order is to be executed within a phased manner, with the last delivery date set for January 11, 2029.
Significant Contract Awarded
Texmaco Rail & Engineering Limited has announced the receipt of a significant order from North Western Railway. The total value of this contract is ₹48.60 crores. This development marks a positive step for the company, contributing to its order book and future revenue streams.
Order Details and Scope
The order specifies the supply of 968 sets of 1 in 12 BG Weldable CMS Crossing. These components are designed for 60E1 Rail in R-260 Grade and will be supplied on PSC Sleepers, adhering to the specifications outlined in the RDSO drawing. The contract has been classified as a domestic award.
Execution Timeline
The execution of this order will be carried out in a phased manner. The last delivery date for the supply is scheduled for January 11, 2029, indicating a multi-year project timeline. The broad consideration for this contract amounts to ₹48.60 crores, inclusive of taxes.
No Promoter Interest
It has been confirmed that neither the promoter nor any promoter group or group companies have any interest in the entity that awarded this contract. Furthermore, the order is not expected to fall within related party transactions.
Source: BSE
