Texmaco Rail & Engineering bags Rs 44 crore order from MRVC for traction-transformer works

Texmaco Rail & Engineering has informed the exchanges that it has won a contract worth Rs 44.04 crore from Mumbai Railway Vikas Corporation (MRVC) to supply, construct, install, test and commission traction transformers, sectioning posts (SPs) and related works for the third and fourth lines of Central Railway.

In its disclosure, the company said the project involves setting up a 1×25 kV, 110/25 kV traction sub-station with 40/56 MVA AC traction transformers and two sectioning posts, together with all associated civil and electrical works. The work is entirely domestic, carries no related-party element, and must be completed within 18 months.

Texmaco Rail & Engineering added that neither its promoter group nor any of its group companies holds an interest in MRVC. The order, awarded via a letter dated 9 June 2025, will be executed under the terms laid out in SEBI’s November 2024 disclosure framework.

This contract further strengthens the company’s railway-electrification portfolio at a time when Indian Railways continues to expand high-capacity suburban corridors.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock-market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Ahmedabad Plane Crash