Titagarh Rail Systems Limited has received an additional order for 4,955 BOXNHL wagons from the Ministry of Railways. This order, valued at ₹1716.90 crore plus GST, increases the total quantity of wagons to 9,994 under the original contract’s option clause. The new order is on the same price, terms, and conditions as the original contract, with an execution period extending to June 7, 2027.
Significant Contract Expansion
Titagarh Rail Systems Limited has announced a substantial expansion of its existing contract with the Ministry of Railways. Following the exercise of an option clause within the original agreement, the company has been awarded an additional order for 4,955 BOXNHL wagons. This order significantly boosts the total number of wagons to be manufactured and supplied under the contract to 9,994.
Financial and Operational Impact
The value of this additional order amounts to ₹1716.90 crore, exclusive of GST. The terms and conditions, including pricing, remain consistent with those established in the original contract. The Ministry of Railways has exercised this option, demonstrating continued confidence in Titagarh Rail Systems’ manufacturing capabilities and product quality. The amended total value of the contract, after this quantity increase, now stands at ₹10,404.10 crore (inclusive of GST).
Delivery and Execution
The execution and delivery period for this expanded order is scheduled to be completed within 222 days from the date of the amendment’s issue, which was October 28, 2026. This means the final deliveries are expected by June 7, 2027. This timeline ensures a steady pace of production and delivery, aligning with the infrastructure development goals of the Ministry of Railways.
Source: BSE
