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.