Texmaco Rail Secures Rs265.6 mn Contract From South Central Railway

10 Jul 2026 CW Team

Texmaco Rail & Engineering has received a Letter of Acceptance from South Central Railway for an order worth Rs265.6 million (Rs265.6 mn).

The order covers comprehensive signalling and telecommunication works for automatic block signalling and Kavach systems and is to be executed within 12 months. The company said the award was from a domestic entity and does not involve related party interests.

With this win the outstanding order book of the Infra Rail and Green Energy division stands at Rs11.60 billion (Rs11.60 bn) inclusive of taxes. The company said the promoter or promoter group has no interest in the awarding entity and the order does not fall under related party transactions.

In May the company secured a major international rolling stock opportunity in South Africa valued at more than Rs40.45 billion (Rs40.45 bn) through a letter of award from a South African train operating company. The engagement covers the supply of more than 2,235 freight wagons across multiple variants with 30 diesel locomotives and includes a proposed long term 15 year maintenance partnership.

The company described the opportunity as one of its largest international rolling stock wins and a key milestone in global expansion plans. Management expects combined domestic and international order flow to bolster manufacturing utilisation and lifecycle service revenues over coming years.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..