Titagarh Rail Wins Rs 2.73 Billion Rail Maintenance Order
RAILWAYS & METRO RAIL

Titagarh Rail Wins Rs 2.73 Billion Rail Maintenance Order

Kolkata-based Titagarh Rail Systems Ltd has received a letter of acceptance from the Ministry of Railways for the design, manufacture, supply, testing and commissioning of 62 rail borne maintenance vehicles (RBMVs).

The order is valued at Rs 2.73 billion, including GST, and also covers the training of Indian Railways personnel, along with servicing and breakdown maintenance. RBMVs are specialised, self-propelled, on-track machines designed to support inspection, maintenance and restoration of railway infrastructure.

The vehicles incorporate advanced mechanised systems for track maintenance, overhead equipment works and allied activities, aimed at enhancing operational safety, precision, reliability and asset availability across the rail network. Supply of the machines is scheduled to begin within 15 months from the date of the order, with delivery of all vehicles and the complete set of spares to be completed within 48 months.

The contract marks Titagarh Rail Systems’ entry into the high-value, technology-intensive and safety-critical rail maintenance segment, expanding its portfolio beyond rolling stock manufacturing into integrated rail safety and maintenance solutions.

Shares of Titagarh Rail Systems ended at Rs 774.55, down Rs 15.25, or 1.93 per cent, on the BSE on December 17.Kolkata-based Titagarh Rail Systems Ltd has received a letter of acceptance from the Ministry of Railways for the design, manufacture, supply, testing and commissioning of 62 rail borne maintenance vehicles (RBMVs).

The order is valued at Rs 2.73 billion, including GST, and also covers the training of Indian Railways personnel, along with servicing and breakdown maintenance. RBMVs are specialised, self-propelled, on-track machines designed to support inspection, maintenance and restoration of railway infrastructure.

The vehicles incorporate advanced mechanised systems for track maintenance, overhead equipment works and allied activities, aimed at enhancing operational safety, precision, reliability and asset availability across the rail network. Supply of the machines is scheduled to begin within 15 months from the date of the order, with delivery of all vehicles and the complete set of spares to be completed within 48 months.

The contract marks Titagarh Rail Systems’ entry into the high-value, technology-intensive and safety-critical rail maintenance segment, expanding its portfolio beyond rolling stock manufacturing into integrated rail safety and maintenance solutions.

Shares of Titagarh Rail Systems ended at Rs 774.55, down Rs 15.25, or 1.93 per cent, on the BSE on December 17.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Kolkata-based Titagarh Rail Systems Ltd has received a letter of acceptance from the Ministry of Railways for the design, manufacture, supply, testing and commissioning of 62 rail borne maintenance vehicles (RBMVs). The order is valued at Rs 2.73 billion, including GST, and also covers the training of Indian Railways personnel, along with servicing and breakdown maintenance. RBMVs are specialised, self-propelled, on-track machines designed to support inspection, maintenance and restoration of railway infrastructure. The vehicles incorporate advanced mechanised systems for track maintenance, overhead equipment works and allied activities, aimed at enhancing operational safety, precision, reliability and asset availability across the rail network. Supply of the machines is scheduled to begin within 15 months from the date of the order, with delivery of all vehicles and the complete set of spares to be completed within 48 months. The contract marks Titagarh Rail Systems’ entry into the high-value, technology-intensive and safety-critical rail maintenance segment, expanding its portfolio beyond rolling stock manufacturing into integrated rail safety and maintenance solutions. Shares of Titagarh Rail Systems ended at Rs 774.55, down Rs 15.25, or 1.93 per cent, on the BSE on December 17.Kolkata-based Titagarh Rail Systems Ltd has received a letter of acceptance from the Ministry of Railways for the design, manufacture, supply, testing and commissioning of 62 rail borne maintenance vehicles (RBMVs). The order is valued at Rs 2.73 billion, including GST, and also covers the training of Indian Railways personnel, along with servicing and breakdown maintenance. RBMVs are specialised, self-propelled, on-track machines designed to support inspection, maintenance and restoration of railway infrastructure. The vehicles incorporate advanced mechanised systems for track maintenance, overhead equipment works and allied activities, aimed at enhancing operational safety, precision, reliability and asset availability across the rail network. Supply of the machines is scheduled to begin within 15 months from the date of the order, with delivery of all vehicles and the complete set of spares to be completed within 48 months. The contract marks Titagarh Rail Systems’ entry into the high-value, technology-intensive and safety-critical rail maintenance segment, expanding its portfolio beyond rolling stock manufacturing into integrated rail safety and maintenance solutions. Shares of Titagarh Rail Systems ended at Rs 774.55, down Rs 15.25, or 1.93 per cent, on the BSE on December 17.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement