
Oriental Rail Infrastructure Limited (ORIL) has announced the receipt of a significant order worth ₹5.87 crore from the Integral Coach Factory (ICF), Chennai, a division of Indian Railways. The contract involves the supply and installation of 44 sets of seats and berths with hardware for LWS PP Coaches.
Key Details of the Order:
- Entity Awarding the Order: Integral Coach Factory (ICF), Chennai.
- Order Value: ₹5,87,21,520.
- Nature of Order: Supply and installation of seating and berths.
- Execution Deadline: February 22, 2025.
- Payment Terms:
- 90% payment upon inspection certificate issuance and proof of dispatch/delivery.
- Remaining 10% after final receipt, inspection, and acceptance.
The company clarified that the contract was awarded by a domestic entity and does not involve any related party transactions. The order strengthens ORIL’s presence in railway infrastructure projects, showcasing its continued success in the industry.