Texmaco Rail & Engineering Receives Rs. 41.31 Crore Order from South Central Railway
Texmaco Rail & Engineering Limited, an Adventz Group company, announced it has received an order valued at Rs. 41.31 crores from South Central Railway. The order involves the replacement of panel interlocking with electronic interlocking, along with the replacement of outdoor gears at stations within the Vijayawada Division.The project is slated for completion within 540 days from the appointed date, as outlined in the EPC Agreement Document. The total contract value is Rs. 41.31 crores, excluding taxes.
Texmaco Rail & Engineering confirmed that neither the entity awarding the order nor its promoters, promoter groups, or group companies have any direct interest in the company. The order does not constitute a related-party transaction.
| Particulars | Details |
|---|---|
| Broad consideration or size of the order(s)/contract(s) | Rs. 41.31 crores (excluding taxes) |
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