StockWatch
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Industrial Products
Award20 Jun 2026, 10:20 pm

Texmaco Rail Bags ₹11.65 Cr Order from Odisha Power

AI Summary

Texmaco Rail & Engineering Ltd has received letters of award worth ₹11.65 Crore (including taxes) from Odisha Power Transmission Corporation Limited. The orders are for Engineering, Supply, Installation, Testing, and Commissioning works for the construction of a 2nd Circuit SC line on DC towers on a turnkey contract basis. These contracts are expected to be executed within 12 months from the date of the award. The company has confirmed that the awarding entity is domestic and there are no promoter interests or related party transactions involved.

Key Highlights

  • Secured ₹11.65 Cr in new orders from Odisha Power Transmission Corp.
  • Contracts are for turnkey EPC works on DC towers.
  • Execution timeline is within 12 months of award.
  • No promoter or related party interests involved.
  • Order value includes all applicable taxes.