Jupiter Wagons secures Rs 9.57 billion railways contract
RAILWAYS & METRO RAIL

Jupiter Wagons secures Rs 9.57 billion railways contract

Jupiter Wagons announced that it had secured an order of approximately Rs 9.57 billion from the Railways for the production and delivery of 2,237 wagons. The wagon manufacturer revealed in an exchange filing that the offer letter had been received from the Ministry of Railways.

According to the company, the Ministry of Railways (Railway Board), in its letter dated March 6, had extended an offer to Jupiter Wagons for the manufacturing and supply of 2,237 BOSM wagons, with a contract value of Rs 9.57 billion.

Jupiter Wagons, based in West Bengal, specialises in the production of various types of railway wagons and accessories. The company is also involved in the manufacturing of containers, commercial vehicle load bodies, and commercial electric vehicles.

Jupiter Wagons announced that it had secured an order of approximately Rs 9.57 billion from the Railways for the production and delivery of 2,237 wagons. The wagon manufacturer revealed in an exchange filing that the offer letter had been received from the Ministry of Railways. According to the company, the Ministry of Railways (Railway Board), in its letter dated March 6, had extended an offer to Jupiter Wagons for the manufacturing and supply of 2,237 BOSM wagons, with a contract value of Rs 9.57 billion. Jupiter Wagons, based in West Bengal, specialises in the production of various types of railway wagons and accessories. The company is also involved in the manufacturing of containers, commercial vehicle load bodies, and commercial electric vehicles.

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?