Award11 Sept 2026, 12:10 pm
Oriental Rail Infrastructure Secures ₹5.85 Cr Order from Indian Railways
AI Summary
Oriental Rail Infrastructure Limited has announced the receipt of a significant order valued at ₹5,84,75,844.00 from Modern Coach Factory (MCF), Raebareli, Indian Railways. The order entails the manufacturing and supply of 54 sets of Seats for LHB Non-AC Chair Car Coaches. Payment terms stipulate 100% against receipt, inspection, and acceptance of material. The execution of this domestic order is scheduled to be completed by January 10, 2027. This award represents a key business development for the company within the Indian Railways sector.
Key Highlights
- Secured order worth ₹5.85 Cr from Modern Coach Factory, Raebareli.
- Order involves manufacturing and supply of 54 sets of Seats for LHB Coaches.
- Payment terms: 100% upon receipt, inspection, and acceptance.
- Execution deadline set for January 10, 2027.
- Order is from a domestic entity, Indian Railways.
Price Impact
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