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Other Industrial Products
Award1 Oct 2026, 05:30 pm

Oriental Rail Infrastructure Secures ₹4.76 Cr Order from ICF

AI Summary

Oriental Rail Infrastructure Limited has announced securing a significant order worth ₹4,76,13,000.00 (Rupees Four Crore Seventy-Six Lakh Thirteen Thousand only) from Integral Coach Factory (ICF), Chennai, Indian Railways. The order entails the manufacturing, supply, and installation of 50 sets of "one coach set of seats & berths". The execution period for this contract is set to be December 31, 2026. Payment terms include 80% of the supply portion upon proof of inspection and provisional receipt, with the remaining 20% of the supply and 100% of installation charges payable after acceptance by the consignee. This order is from a domestic entity and does not involve any interest from promoters or group companies.

Key Highlights

  • Secured order worth ₹4.76 Crore from Integral Coach Factory, Chennai.
  • Order includes manufacturing, supply, and installation of seats & berths.
  • Execution deadline is December 31, 2026.
  • Payment terms involve phased payments based on inspection and installation.
  • Order is from a domestic entity with no promoter group interest.