New Launch20 Mar 2026, 11:01 pm
Airfloa Rail Technology Ltd Secures ₹ 22.91 Crores Order from BEML Limited
AI Summary
Airfloa Rail Technology Ltd has announced receiving a new order worth ₹ 22.91 Crores from BEML Limited, Bangalore. The order is for the Design, Manufacture, Supply, Testing & Commissioning of Lighting Systems including CMC Spares & tools for the Cars of Chennai Metro Rail Project – Phase -II. The payment terms are 100% within 45 days from the date of respective supplies, with delivery commencing in November 2026 and completion expected within 17 months. Inspection will be conducted by BEML at their premises along with other usual terms & conditions as specified in the purchase order.
Key Highlights
- Order worth ₹ 22.91 Crores from BEML Limited
- Design, Manufacture, Supply, Testing & Commissioning of Lighting Systems including CMC Spares & tools for the Cars of Chennai Metro Rail Project – Phase -II
- Payment terms 100% within 45 days from the date of respective supplies
- Delivery commencing in November 2026 and completion within 17 months
- Inspection by BEML at their premises