Titagarh Rail Systems Secures Wagon Order from JSW Port Logistics
Titagarh Rail Systems Limited announced it has received a Letter of Intent from JSW Port Logistics Private Limited for the manufacture and supply of 720 wagons. The order, valued at ₹226.35 Crores (exclusive of G.S.T), represents a significant addition to the company’s order book.According to the Letter of Intent, the contract period is expected to be 6 months from the effective date or commencement of work, subject to final agreement/purchase order. The wagons will be manufactured and supplied as per mutually agreed technical specifications.The order was awarded by a domestic entity, and neither the Promoter/Promoter Group/Group Companies have any interest in JSW...