Deals3 Oct 2024, 09:52 pm
Oriental Rail Infrastructure Secures Rs 3.68 Crores Order from Western Railways
AI Summary
Oriental Rail Infrastructure Ltd has announced that it has secured an order worth Rs 3,67,98,300/- from Western Railways (WR), Mahalaxmi, Indian Railways. The order is for the Supply and Fitment of Stainless Steel 3-Seater/2-Seater Seat in Siemens type Coaches. The delivery is to be made to Western Railways and 80% of the payment will be received against an Inspection Certificate issued by a recognized inspection agency and proof of dispatch/delivery of the material. The balance 20% will be received after receipt, inspection, and acceptance of the goods. The time period for the execution of the order is until October 30, 2025.
Key Highlights
- Oriental Rail Infrastructure secures order worth Rs 3.68 Crores from Western Railways
- Order is for the Supply and Fitment of Stainless Steel 3-Seater/2-Seater Seat in Siemens type Coaches
- Delivery to be made to Western Railways, 80% payment against Inspection Certificate and proof of dispatch
- Balance 20% payment after receipt, inspection, and acceptance of goods
- Order execution time period until October 30, 2025