Deals1 Aug 2025, 07:24 pm
Oriental Rail Infrastructure Secures Order Worth Rs. 5,02,11,360.00 from Modern Coach Factory, Indian Railways
AI Summary
Oriental Rail Infrastructure Ltd. has announced the receipt of an order from Modern Coach Factory (MCF), Lalganj - Raebareli, Indian Railways. The order, worth Rs. 5,02,11,360.00, is for the manufacturing and supply of 74 sets of 'Seats and Berths' for LHB SLR HOG coaches and 40 sets for LHB AC2T coaches. The delivery is to be made to MCF's Furmshmg Depot, with 95% payment upon issuance of an acceptance certificate by the nominated inspection agency and proof of dispatch/delivery of the material to the consignee. The balance 5% will be paid after receipt, inspection, and acceptance of the goods by the consignee. The order is to be executed by May 05, 2026.
Key Highlights
- Order worth Rs. 5,02,11,360.00 from Modern Coach Factory, Indian Railways
- Manufacturing and supply of 74 sets of 'Seats and Berths' for LHB SLR HOG coaches and 40 sets for LHB AC2T coaches
- Delivery to be made to MCF's Furmshmg Depot
- Payment terms: 95% upon issuance of acceptance certificate and proof of dispatch, balance 5% after receipt, inspection, and acceptance of goods