Deals23 Oct 2024, 12:38 am
Oriental Rail Infrastructure Secures Order Worth Rs 1.11 Crores from Integral Coach Factory, Indian Railways
AI Summary
Oriental Rail Infrastructure Ltd has announced the receipt of an order worth Rs 1,11,01,440/- from Integral Coach Factory (ICF), Chennai, Indian Railways. The supply and installation of 14 sets of chairs for Non-AC chair car is to be executed by May 31, 2025. Payment terms include 90% against inspection certificate and proof of dispatch/delivery, and the balance 10% after receipt, inspection, and acceptance of the goods.
Key Highlights
- Order worth Rs 1.11 Crores secured from Integral Coach Factory, Indian Railways
- Supply and installation of 14 sets of chairs for Non-AC chair car
- Delivery to be made to Depot/ICF, Chennai, Indian Railways
- Payment terms: 90% against inspection certificate and proof of dispatch/delivery, balance 10% after receipt, inspection, and acceptance of goods
- Execution deadline: May 31, 2025