Oriental Rail secures significant order from ICF for seating and berth installations

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:

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  1. Entity Awarding the Order: Integral Coach Factory (ICF), Chennai.
  2. Order Value: ₹5,87,21,520.
  3. Nature of Order: Supply and installation of seating and berths.
  4. Execution Deadline: February 22, 2025.
  5. 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.