Texmaco Rail Secures ₹73.12 Crore Order from Central Railway
Texmaco Rail & Engineering Limited has been awarded a ₹73.12 crore contract by Central Railway for a comprehensive railway electrification project. The order includes designing, supplying, erecting, testing, and commissioning of a 110 KV/25KV AC Traction Substation, along with setting up a Sectioning and Paralleling Post. The project also involves modifications to the 132 KV transmission line using High-Temperature Low-Sag conductors. Central Railway has set a 24-month timeline for project completion. Additionally, the National Company Law Tribunal has approved the amalgamation of Texmaco West Rail Limited with Texmaco Rail & Engineering Limited.
*this image is generated using AI for illustrative purposes only.
Texmaco Rail & Engineering Limited has announced a significant new order from Central Railway, bolstering its position in the rail infrastructure sector. The company has been awarded a contract valued at ₹73.12 crore for a comprehensive railway electrification project.
Order Details
The order, as disclosed by Texmaco Rail to the stock exchanges, encompasses the following scope:
- Design, Supply, Erection, Testing, and Commissioning of 110 KV/25KV AC Traction Substation
- Supply and Setup of Sectioning and Paralleling Post (SSP)
- Associated works related to the traction substation
This composite order also includes provisions for a 132/25 kV Traction Sub Station along with incoming supply arrangements. Notably, the project involves modifications to the 132 KV transmission line using High-Temperature Low-Sag (HTLS) conductors to provide incoming supply to the traction substation.
Project Timeline and Execution
Central Railway has stipulated a 24-month timeframe for the execution of this project. This timeline underscores the complexity and scale of the work involved in enhancing the railway's electrical infrastructure.
Strategic Implications
This order is significant for Texmaco Rail & Engineering Limited as it demonstrates the company's continued trust and partnership with Indian Railways. The project aligns with the ongoing efforts to modernize and electrify India's railway network, which is crucial for improving efficiency and reducing the carbon footprint of rail transportation.
Corporate Developments
In a separate announcement, Texmaco Rail informed the stock exchanges about a recent corporate restructuring move. The National Company Law Tribunal, Kolkata Bench, has sanctioned the Scheme of Amalgamation between Texmaco West Rail Limited (Transferor Company) and Texmaco Rail & Engineering Limited. This amalgamation is expected to streamline operations and potentially create synergies within the Texmaco group.
The successful securing of this order, coupled with the corporate restructuring, indicates Texmaco Rail's strategic moves to strengthen its market position and operational efficiency in the rail infrastructure sector.
| Order Details | Value/Information |
|---|---|
| Order Value | ₹73.12 crore |
| Awarding Entity | Central Railway |
| Nature of Order | Design, Supply, Erection, Testing, and Commissioning of Traction Substation and SSP |
| Execution Timeframe | 24 months |
| Type of Contract | Domestic |
Texmaco Rail & Engineering Limited continues to play a vital role in India's railway infrastructure development, with this latest order reinforcing its capabilities in delivering complex electrification projects.
Historical Stock Returns for Texmaco Rail & Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.38% | -10.17% | +4.60% | -17.87% | -30.27% | +291.23% |
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
