Texmaco Rail & Engineering Ltd. has announced a significant international order win valued at USD 430.57 million (approximately ₹4,045 crore). The contract involves the supply of rolling stock, including freight wagons, locomotives, and components, along with long-term maintenance services. The project is scheduled for execution during the 2027-2028 period, marking a major milestone for the company’s expansion into global markets and strengthening its international order pipeline.
Strategic International Order
Texmaco Rail & Engineering Ltd. has successfully secured a major international contract from Tsiko Africa Logistics (Pty) Ltd. and Barberry Holdings (Pty) Ltd. The deal, valued at USD 43,05,72,749, is equivalent to an impressive ₹4,045 crore. This contract win represents a significant expansion for the company, further diversifying its revenue streams beyond the domestic market.
Project Details and Scope
The scope of the awarded contract covers a comprehensive range of rail solutions, including freight wagons, locomotives, and specialized components. Beyond the initial supply, the agreement also mandates long-term maintenance services, ensuring sustained revenue engagement throughout the project lifecycle. All transactions related to this award are conducted on an arm’s length basis, with no involvement from promoter or group companies.
Execution Timeline
The project is slated for execution during the 2027-2028 period. This timeline provides clear visibility for the company’s production and service delivery capabilities over the coming years as it gears up to meet the demands of its international clients. This announcement underscores Texmaco’s competitive edge in the global railway manufacturing and maintenance sector.
Source: BSE
