+
Jupiter Wagons Signs 10 Year Supply Pact With Tatravagonka
RAILWAYS & METRO RAIL

Jupiter Wagons Signs 10 Year Supply Pact With Tatravagonka

Jupiter Tatravagonka Railwheel Factory has entered a definitive 10-year supply agreement with European wagon manufacturer Tatravagonka a.s. for the provision of rail wheels, axles and wheelsets. The agreement, disclosed in an exchange filing, is structured over 10 years and commercial supplies are expected to commence by the end of calendar year 2027. Tatravagonka currently consumes around 20,000-30,000 wheelsets annually to support its operations.

Through a greenfield plant in Odisha the company has planned an annual capacity of 0.1 million (mn) wheelsets and expects to export approximately 50,000 wheelsets annually to European markets, positioning India in the global rail supply chain. The arrangement envisages Tatravagonka and its affiliates procuring wheels, axles and wheelsets from the new facility. The tie-up is intended to validate the company's technology, manufacturing processes and quality standards for international markets.

The Odisha facility is being developed with an estimated investment of Rs 30 billion (bn) and an annual production capacity of 0.1 million (mn) wheelsets to cater to domestic and international demand. The company has indicated that 40-50 per cent of the plant's output is expected to be directed towards export markets over the long term. Commercialisation of the plant will form part of the decade-long supply relationship.

The managing director described the agreement as an important milestone for the company and for India's rail manufacturing ecosystem and said the country would move from net importer to major exporter of wheelsets. He also indicated an expected revenue addition of Rs 10-15 billion (bn) from exports in the coming years. Separately, a subsidiary signed memoranda of understanding for 110 MWh of battery energy storage systems for fiscal years 2026-27, covering utility-scale and commercial deployments.

Jupiter Tatravagonka Railwheel Factory has entered a definitive 10-year supply agreement with European wagon manufacturer Tatravagonka a.s. for the provision of rail wheels, axles and wheelsets. The agreement, disclosed in an exchange filing, is structured over 10 years and commercial supplies are expected to commence by the end of calendar year 2027. Tatravagonka currently consumes around 20,000-30,000 wheelsets annually to support its operations. Through a greenfield plant in Odisha the company has planned an annual capacity of 0.1 million (mn) wheelsets and expects to export approximately 50,000 wheelsets annually to European markets, positioning India in the global rail supply chain. The arrangement envisages Tatravagonka and its affiliates procuring wheels, axles and wheelsets from the new facility. The tie-up is intended to validate the company's technology, manufacturing processes and quality standards for international markets. The Odisha facility is being developed with an estimated investment of Rs 30 billion (bn) and an annual production capacity of 0.1 million (mn) wheelsets to cater to domestic and international demand. The company has indicated that 40-50 per cent of the plant's output is expected to be directed towards export markets over the long term. Commercialisation of the plant will form part of the decade-long supply relationship. The managing director described the agreement as an important milestone for the company and for India's rail manufacturing ecosystem and said the country would move from net importer to major exporter of wheelsets. He also indicated an expected revenue addition of Rs 10-15 billion (bn) from exports in the coming years. Separately, a subsidiary signed memoranda of understanding for 110 MWh of battery energy storage systems for fiscal years 2026-27, covering utility-scale and commercial deployments.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Annette Gregg Named WTCA’s First Female CEO

World Trade Centers Association (WTCA) has appointed Annette Gregg as Chief Executive Officer, making her the first woman to lead the organisation in its 57-year history.Gregg assumed the role from October 5 and will lead WTCA from its recently established global headquarters at One World Trade Center in New York City. The association connects more than 300 World Trade Center locations across nearly 100 countries and territories.As CEO, Gregg will provide strategic leadership to WTCA and its global staff, working with the Board of Directors and members to advance business priorities, strengthe..

Next Story
Resources

Isprava Appoints Sanjay Sethi as Strategic Advisor

Isprava Group has appointed Dr Sanjay Sethi as Strategic Advisor to the business, with a focus on Lohono Stays and Isprava Hospitality.Sethi brings more than 37 years of experience across hospitality operations, development, ownership, strategic growth and capital markets. He will work closely with the Group on strategy, growth and the development of its hospitality business.The appointment comes as Isprava Group expands its integrated ecosystem spanning luxury homes, hospitality, private membership and end-to-end homeowner services.Nibhrant Shah, Managing Director & Co-CEO, Isprava Group, sai..

Next Story
Infrastructure Energy

SunBridge BioEnergy Starts Ethanol Production in Seoni

SunBridge BioEnergy, the bioenergy arm of SunBridge Group, has commenced commercial production at its grain-based fuel-grade ethanol manufacturing facility in Seoni, Madhya Pradesh. The Seoni plant has a production capacity of 300 kilolitres per day and a storage capacity of 11,000 kilolitres. Spread across approximately 117,560 sq m, the facility marks SunBridge BioEnergy’s entry into commercial ethanol production. The company is also expanding its ethanol portfolio with a 400 KLD facility in Raipur, Chhattisgarh, which is expected to become operational soon. Once commissioned, SunBridge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code