Texmaco Rail & Engineering has been awarded a significant contract by Southern Railway worth ₹39.26 crores. The order involves the design, supply, erection, testing, and commissioning of 25kV traction overhead equipment (OHE) for the proposed doubling of the track between Thiruvananthapuram and Eraniel stations, including modifications to the existing OHE in the Thiruvananthapuram division.
The contract, which is domestic in nature, outlines a comprehensive scope of work that must be completed within a 36-month timeframe from the date of the letter of acceptance. This project is part of Southern Railway’s efforts to enhance its infrastructure and improve operational efficiency.
Texmaco Rail & Engineering has confirmed that the order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. The company is poised to execute this project, which aligns with its expertise in railway engineering and infrastructure development.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).