Texmaco Rail & Engineering Limited announced the receipt of a significant contract from the South Western Railway valued at ₹27.67 crore (including GST). The mandate is for comprehensive annual and breakdown maintenance of Overhead Equipment (OHE) across the Mysore Division. This two-year contract covers 1,046 track kilometres (TKM), expanding Texmaco’s total OHE maintenance portfolio to 3,702.62 TKM across various Indian Railway corridors.
New Maintenance Contract Awarded
Texmaco Rail & Engineering Limited has successfully secured a substantial contract from the South Western Railway. The order focuses on undertaking comprehensive annual maintenance and breakdown restoration services for the Overhead Equipment (OHE) and associated power supply installations within the Mysore Division.
Contract Value and Scope
The total contract value is stated as ₹27.67 crore, inclusive of GST, which translates to approximately ₹23.45 crore excluding GST. The mandate requires Texmaco to ensure reliable, efficient, and uninterrupted operation of traction power systems throughout the division. The scope specifically covers 1,046 track kilometres (TKM) of electrification infrastructure.
Execution Details
- Awarding Entity: South Western Railway (a domestic entity).
- Execution Period: The entire scope of work must be completed within 24 months from the date of the Letter of Acceptance.
- Nature of Transaction: The order is confirmed to not fall within the definition of related party transactions.
Portfolio Expansion
This recent award significantly bolsters Texmaco’s presence in railway electrification services. With this order, the company’s cumulative OHE and power supply maintenance portfolio has expanded to 3,702.62 TKM. This expanded footprint now covers multiple railway divisions, including the Bengaluru Division, and certain sections managed by the Dedicated Freight Corridor Corporation of India Limited.
Source: BSE
