Business Update8 May 2026, 02:24 pm
Texmaco Rail Bags ₹130.22 Cr Kochi Metro Rail Order
AI Summary
Texmaco Rail & Engineering Ltd has secured an order worth ₹130.22 crores from Kochi Metro Rail Limited. The order encompasses the design, supply, installation, testing, and commissioning of ballastless track and connections for the standard gauge elevated section of Phase 2 Corridor of the Kochi Metro Rail Project. The project is expected to be completed within 16 months from the date of the Letter of Acceptance.
Key Highlights
- Texmaco Rail receives ₹130.22 Cr order from Kochi Metro Rail Limited.
- The order involves ballastless track and connections for Kochi Metro's Phase 2.
- Project execution is expected within 16 months.
- The order does not involve related party transactions.
- No promoter group has interest in Kochi Metro Rail Limited.