Business Update14 May 2026, 06:21 pm
Oriental Rail Bags ₹3.95 Cr Order from Integral Coach Factory
AI Summary
Oriental Rail Infrastructure Ltd. has secured an order worth ₹3,95,06,400 from Integral Coach Factory (ICF), Chennai, Indian Railways. The order involves manufacturing, supply, and installation of 31 sets of seats & berths with hardware for LWS PP Coach. Delivery is to be completed by August 13, 2026. Payment terms include 80% on proof of inspection and Provisional Physical Receipt Certificate, with the balance 20% and installation charges upon acceptance of stores and installation certificate.
Key Highlights
- Oriental Rail secures ₹3.95 Cr order from Integral Coach Factory.
- Order involves manufacturing, supply, and installation of seats and berths.
- Delivery to Integral Coach Factory (ICF) is due by August 13, 2026.
- Payment terms include an initial 80% upon inspection certificate.
- The order is classified as a domestic entity transaction.