New Launch23 Aug 2025, 04:31 pm
Titagarh Rail Systems Ltd Receives Order for Complete Shell Assembly for WAG-9HC Locomotives Worth ₹91.12 Crores
AI Summary
Titagarh Rail Systems Ltd has announced that it has received a Letter of Acceptance (LOA) from Banaras Locomotive Works for Complete Shell Assembly for WAG-9HC Locomotives. The order is valued at ₹91.12 crores (Incl. GST) and is scheduled to be completed by 31st August 2026.
Key Highlights
- Titagarh Rail Systems Ltd has received an LOA from Banaras Locomotive Works for Complete Shell Assembly for WAG-9HC Locomotives.
- The order is valued at ₹91.12 crores (Incl. GST).
- The execution of the order is scheduled to be completed by 31st August 2026.
- This is a domestic order, awarded by a domestic entity.
- The order is not a related party transaction and does not involve any interest from the Promoter/Promoter Group/Group Companies.