Texmaco Rail & Engineering Limited has been awarded a contract by the South Western Railway for the maintenance of overhead equipment and power supply infrastructure. Valued at ₹7.67 crore, the agreement spans a two-year period. This win reflects the company’s ongoing involvement in specialized railway maintenance services and contributes to its domestic service portfolio. The project is expected to be fully executed within 24 months from the date of the Letter of Acceptance.
Contract Details
Texmaco Rail & Engineering has announced a new contract win from the South Western Railway. The project is valued at ₹7.67 crore (excluding applicable taxes). The scope of work focuses on the specialized outsourcing of OHE (Overhead Equipment) and PSI (Power Supply Installation) maintenance activities, ensuring the continued operational integrity of the rail network.
Project Timeline and Execution
The service contract is structured for a period of two years. Texmaco is mandated to complete the execution of these maintenance activities within 24 months following the issuance of the Letter of Acceptance. This order confirms the company’s capability in providing essential support services to India’s railway infrastructure.
Strategic Independence
The company has confirmed that this contract is an independent domestic transaction. There are no conflicts of interest involving the promoter group, and the agreement does not constitute a related party transaction, ensuring all work is conducted at arm’s length.
Source: BSE
