Texmaco Rail & Engineering Ltd. has secured a new developmental order from West Central Railway. The contract, valued at Rs. 0.93 crore (excluding taxes), involves the manufacturing and supply of 38 bogie frames specifically designed for ICF coaches. This order is categorized as a domestic contract and is scheduled to be executed within a period of 90 days from the date of the purchase order.
Order Details and Scope
Texmaco Rail & Engineering Ltd. continues to strengthen its footprint in the rail infrastructure sector with the receipt of a new order from West Central Railway. The project involves the supply of 38 bogie frames, a critical component for ICF design coaches. This developmental order is valued at Rs. 0.93 crore, exclusive of applicable taxes, and represents a focused engagement with Indian Railways to support coach manufacturing requirements.
Execution Timeline and Project Status
As per the terms of the agreement, the execution timeline for this order is set for 90 days from the date of the issuance of the purchase order. The company has confirmed that this contract is a domestic order and does not involve any related party transactions. Furthermore, Texmaco has clarified that there is no interest from its promoters or group companies in the entity awarding the contract, ensuring that the transaction is conducted at arm’s length.
Source: BSE
