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 Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?