Oriental Rail Infrastructure Ltd: Subsidiary Secures Rs 432.16 Crore Order from Indian Railways

Oriental Rail Infrastructure Ltd has announced that its wholly-owned subsidiary, Oriental Foundry Private Limited, has secured an order worth Rs 432.16 Crores from Indian Railways for the manufacture and supply of 1,200 BVCM-C Wagons. The contract terms include inspection and receipt of 90% of the cost against the technical certificate issued by the RDSO, and the balance 10% after receipt, inspection, and acceptance of the goods. The order is expected to be executed by March 31, 2026.