Texmaco Rail & Engineering has secured a major contract from Kochi Metro Rail Limited valued at ₹130.22 crore. The project involves the design, supply, installation, testing, and commissioning of ballastless track and connections for the Phase 2 Corridor of the Kochi Metro Rail Project. This domestic contract is scheduled to be completed within a period of 16 months from the date of the Letter of Acceptance.
Strengthening Urban Transit Infrastructure
Texmaco Rail & Engineering Limited has been awarded a significant order for the expansion of urban transit in Kerala. The project encompasses the Phase 2 Corridor of the Kochi Metro Rail Project, focusing on the specialized track work required for the elevated section. This win underscores the company’s technical expertise in rail infrastructure and its continued involvement in major domestic metro developments.
Scope of Work and Execution
The contract, valued at ₹130.22 crore (inclusive of taxes), covers an end-to-end scope including the design, supply, installation, testing, and commissioning of ballastless tracks and connections of standard gauge. The project timeline is set for execution within 16 months from the issuance of the Letter of Acceptance. This project will play a critical role in facilitating efficient and sustainable connectivity for the Kochi Metro system.
Strategic Significance
By securing this order, Texmaco continues to bolster its order book within the specialized infrastructure domain. The project is strictly a domestic contract and involves no related party transactions, operating at an arm’s length basis. This engagement further solidifies the company’s reputation as a key partner for government-led infrastructure initiatives in India.
Source: BSE