New Launch28 Mar 2026, 04:17 pm
Titagarh Rail Systems Ltd Receives ₹226.35 Crores Order from JSW Port Logistics Private Limited
AI Summary
Titagarh Rail Systems Ltd has received a Letter of Intent (LOI) from JSW Port Logistics Private Limited for the manufacture and supply of 720 wagons. The order is valued at ₹226.35 Crores (exclusive of G.S.T). The contract period is expected to be 6 months from the effective date or commencement of work, subject to final agreement/purchase order.
Key Highlights
- Titagarh Rail Systems Ltd has received an LOI from JSW Port Logistics Private Limited for manufacturing and supplying 720 wagons.
- The order is valued at ₹226.35 Crores exclusive of G.S.T.
- The contract period is expected to be 6 months from the effective date or commencement of work, subject to final agreement/purchase order.
- No related party transactions are involved in this order.
- The order is from a domestic entity.