Texmaco Rail & Engineering Ltd. has received a significant order valued at Rs. 22.91 Crore (excluding taxes) from the North Central Railway. The contract involves reliability improvement of Track circuits by installing MSDAC in parallel with existing DCTC systems across 14 stations in the Prayagraj Division. This is classified as a domestic order, with the entire scope of work expected to be completed within 180 days from the award date of March 29, 2026.
Award of Major Domestic Contract
Texmaco Rail & Engineering Ltd. hereby confirms the receipt of a new contract from the North Central Railway. This domestic order is crucial for enhancing railway infrastructure reliability within the zone.
Contract Details and Value
- Awarding Entity: North Central Railway
- Broad Consideration: Rs. 22.91 Crore (taxes excluded).
- Nature of Work: Reliability improvement of Track circuits through the provision of MSDAC in parallel of existing DCTC systems, along with associated work.
- Project Location: The work will be executed across 14 stations within the Prayagraj Division.
Execution Timeline and Compliance
The entirety of the contractual work is mandated to be completed within a strict timeframe of 180 days from the awarding date. Furthermore, the company confirms that this contract does not involve any promoter/group companies and does not fall under related party transactions, confirming it was executed at an “arm’s length” basis.
Source: BSE
