Deals30 Aug 2025, 04:21 pm
Oriental Rail Infrastructure Secures Rs. 3,37,64,520.00 Order from Integral Coach Factory, Chennai
AI Summary
Oriental Rail Infrastructure Limited has announced the receipt of an order from Integral Coach Factory (ICF), Chennai, Indian Railways. The order is worth Rs. 3,37,64,520.00 and involves the supply and installation of 38 sets of one coach set of seats and berths for LWSCWAC/EOG coaches. The payment will be made in two installments: 90% upon proof of inspection certificate and provisional physical receipt certificate, and the remaining 10% along with 100% installation charges after receipt, acceptance of stores by the consignees, and issuance of the installation certificate by a competent authority. The order is to be executed by December 31, 2026.
Key Highlights
- Oriental Rail Infrastructure has secured an order worth Rs. 3,37,64,520.00 from Integral Coach Factory (ICF), Chennai, Indian Railways.
- The order involves the supply and installation of 38 sets of one coach set of seats and berths for LWSCWAC/EOG coaches.
- The payment will be made in two installments: 90% upon proof of inspection certificate and provisional physical receipt certificate, and the remaining 10% along with 100% installation charges after receipt, acceptance of stores by the consignees, and issuance of the installation certificate by a competent authority.
- The order is to be executed by December 31, 2026.
- This deal marks a significant opportunity for Oriental Rail Infrastructure in the Indian Railways sector.