Award19 Jun 2026, 10:00 pm
Texmaco Rail Bags ₹253.28 Cr Order from JSW South Rail Logistics
AI Summary
Texmaco Rail & Engineering Ltd has announced the receipt of a Letter of Intent (LOI) worth ₹253.28 crore (including taxes) from JSW (South) Rail Logistics Private Limited. The order is for the manufacture and supply of BFNSM1 Rakes along with BVCM Wagons. The execution period for this contract is within 13.5 months from the effective date. This significant order underscores the company's capabilities in the rail engineering sector and contributes to its order book.
Key Highlights
- Secured a substantial order worth ₹253.28 crore from JSW (South) Rail Logistics.
- Order involves manufacture and supply of BFNSM1 Rakes and BVCM Wagons.
- Execution timeline set at 13.5 months from commencement.
- Order is from a domestic entity, reinforcing local market strength.
- No promoter or group company interest in the awarding entity.
Price Impact
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