Deals2 Aug 2025, 08:33 pm
Lloyds Engineering Works Ltd Subsidiary Enters Agreement with Mumbai Railway Vikas Corporation
AI Summary
Lloyds Engineering Works Ltd announced that its subsidiary, Techno Industries Private Limited, has entered into an agreement with Mumbai Railway Vikas Corporation Limited for the procurement of escalators. The agreement, valued at approximately 13,82,40,000 INR without GST and 16,31,23,200 INR with GST, involves the design, manufacturing, supply, multiple loading/unloading, installation, testing, commissioning, and maintenance during the warranty period at various locations of Western Railway.
Key Highlights
- Lloyds Engineering Works Ltd's subsidiary, Techno Industries Private Limited, has entered into an agreement with Mumbai Railway Vikas Corporation Limited.
- The agreement is for the procurement of escalators at various locations of Western Railway.
- The agreement value is approximately 13,82,40,000 INR without GST and 16,31,23,200 INR with GST.
- The agreement includes design, manufacturing, supply, multiple loading/unloading, installation, testing, commissioning, and maintenance during the warranty period.