Texmaco Rail & Engineering Limited has secured a fresh order valued at ₹28.58 crore from Vedanta Aluminium Metal Limited. The contract involves the manufacturing and supply of a rake of BTAP Alumina transportation wagons along with a dedicated guard brake van. This order marks a significant development for the company’s rolling stock division and is scheduled for execution within six months from the issuance of the Notice to Proceed.
Strategic Order Win
Texmaco Rail & Engineering Limited has officially been awarded a contract by Vedanta Aluminium Metal Limited. The order, valued at ₹28.58 crore (inclusive of taxes), highlights the company’s ongoing role in supporting industrial logistics and specialized rail transportation infrastructure in India.
Project Details and Scope
The contract focuses on the supply of a rake comprising specialized BTAP Alumina transportation wagons, designed for the efficient handling and movement of industrial materials. In addition to the wagons, the order includes the supply of one brake van (Guard Vehicle) to ensure operational safety and compliance. The project is strictly domestic in nature and is categorized as an independent contract, with the company confirming that there are no related party interests involved in this transaction.
Execution Timeline
According to the terms of the agreement, the company is set to execute the order within a period of six months, starting from the date of the issuance of the Notice to Proceed (NTP). This timeline demonstrates the company’s manufacturing capability and its commitment to timely project delivery within the competitive rail equipment sector.
Source: BSE