Airfloa Rail Technology Ltd. Secures ₹ 22.91 Crores Order from BEML Limited
Airfloa Rail Technology Limited announced it has received a new order valued at ₹ 22.91 Crores from BEML Limited, Bangalore, on March 20, 2026.The order involves the design, manufacture, supply, testing, and commissioning of lighting systems, including CMC spares and tools, for the Cars of the Chennai Metro Rail Project - Phase -II. The total order value is ₹ 22.91 Crores, with payment terms stipulating 100% payment within 45 days of each supply. The delivery period is slated to commence in November 2026 and is expected to be completed within 17 months. Inspection of the goods will be conducted by BEML at their premises.
According to details released, the order falls under domestic entity with no related party interest.
| Sl. No. | Particulars | |
|---|---|---|
| 1 | Name of the entity awarding the Order/Contract | BEML Limited, Bangalore - 560075 |
| 2 | Significant terms and conditions of the Order/Contract awarded in brief | 1. Design, Manufacture, Supply, Testing & Commissioning of Lighting Systems including CMC Spares & tools for the Cars of Chennai Metro Rail Project - Phase -II. 2. Total Order Value - Rs.22.91 Crores 3. Payment Term- 100% within 45 days from the date of respective supplies. 4. Delivery period - Commencement of Supply in November 2026 and Completion Within 17 months. 5. Inspection by BEML at their premises along with other usual terms & conditions as specified in the purchase order. |
| 7 | Broad consideration or size of the Order/Contract | ₹ ₹ 22.91 Crores New Order (Total Value) |
| 10 | Date and Time of receipt / acceptance of Work Order | Date: - 20/03/2026 Time: - 11.27 A.M. |
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