Titagarh Rail Systems Ltd (TRSL) shares surged more than 3% in morning trade after the company announced it has secured a prestigious ₹2,481 crore (plus GST) contract from the Mumbai Metropolitan Region Development Authority (MMRDA) for the Mumbai Metro Line 5 project. As of 9:53 AM, the shares were trading 3.10% higher at Rs 911.95.
The scope of work includes design, manufacture, supply, installation, integration, testing, and commissioning of rolling stock, communication-based signalling and train control systems, telecommunication, platform screen doors, and depot machinery and plant.
Under this order, Titagarh will design and supply 132 metro coaches, along with signalling systems for a 24.9 km stretch and telecom infrastructure across 16 stations, plus five years of comprehensive maintenance.
The contract covers both Phase 1 (Kapur Bawdi–Kasheli–Dhamankar Naka) and Phase 2 (Dhamankar Naka–Bhiwandi–Kalyan APMC) of the Line 5 corridor. This is Titagarh’s second major metro order in Mumbai, following its earlier mandate for the rolling stock of Mumbai Metro Line 6.
The new project strengthens Titagarh’s position as one of India’s leading contributors to the country’s Make-in-India metro ecosystem, showcasing its ability to deliver end-to-end, indigenously developed urban transport solutions.
The upcoming driverless metro trainsets for Line 5 will feature stainless-steel car bodies designed for high durability, energy efficiency, and enhanced passenger comfort. The interiors will have a modern, ergonomic design with a focus on safety and convenience.
Manufacturing will take place at Titagarh’s advanced Passenger Rail Systems facility in Uttarpara, Kolkata, which is already producing rolling stock for Ahmedabad, Surat, and Bangalore metro projects, as well as Sleeper Vande Bharat trains.
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