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Other Industrial Products
Business Update25 Aug 2026, 01:31 pm

Oriental Rail Infrastructure Secures ₹1.75 Cr Order from ICF

AI Summary

Oriental Rail Infrastructure Limited has announced the receipt of a significant order valued at ₹1,75,86,720.00 from Integral Coach Factory (ICF), Chennai, Indian Railways. The order entails the manufacturing, supply, and installation of 27 sets of coach seats for various MEMU/DMC/NDMC coach types. The execution period for this contract is set to conclude by November 24, 2026. Payment terms include an 80% advance on the supply portion upon inspection and provisional receipt, with the remaining 20% of supply and 100% installation charges payable after acceptance by the consignee.

Key Highlights

  • Secured order worth ₹1.75 Cr from Integral Coach Factory, Chennai.
  • Order involves manufacturing, supply, and installation of coach seats.
  • Execution deadline is November 24, 2026.
  • Payment terms involve phased payments upon inspection and acceptance.