Texmaco Secures Rs 73 Crore Central Railway Contract 🚂

Hey there, finance enthusiasts! 👋 We’ve got some exciting news from the railway sector. Texmaco Rail & Engineering Limited (TEXRAIL) has just announced a major win, securing a substantial order from Central Railway.

This new contract is valued at a solid Rs 73.12 crore and is a significant boost for the company. What’s it all about? Texmaco will be handling the Design, Supply, Erection, Testing, and Commissioning of a 110 KV/25KV AC Traction Substation, along with SSP (Sub-Sectioning and Paralleling Post) and other associated works. Think of it as a crucial part of the railway’s power backbone! ⚡

Specifically, this is a composite order that includes a 132/25 Kv Traction Sub Station and the necessary provisions for incoming power supply, even involving modifications to a 132 KV transmission line using advanced HTLS conductors. This kind of work is vital for modernizing and electrifying our vast railway network, making train travel more efficient and sustainable.

Texmaco is set to complete this project over a period of 24 months. This domestic order underscores Texmaco’s strong position in the Indian railway infrastructure space and its continued contribution to the nation’s development goals. It’s always great to see companies playing a key role in building the future of our country’s transport systems! 🛤️

source: Corporate Announcement

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