Texmaco Rail & Engineering Ltd. has announced receipt of a Rs. 2.13 crore order from East Coast Railway (ECOR) for traction and distribution (TRD) works at NMDC’s Nagarnar steel plant, including NSL SSP. The project is scheduled for completion within 11 months and falls under domestic contracts.
Texmaco Rail & Engineering Ltd., part of the Adventz Group, has disclosed to the National Stock Exchange of India and BSE Limited that it has secured a significant order from East Coast Railway (ECOR). The contract, valued at Rs. 2.13 crores excluding taxes, involves TRD works at NMDC’s Nagarnar steel plant, including NSL SSP.
Key Highlights
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Order awarded by East Coast Railway (ECOR)
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Scope includes traction and distribution works at NMDC Nagarnar steel plant and NSL SSP
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Contract size stands at Rs. 2.13 crores, excluding taxes
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Execution timeline fixed at 11 months from the date of acceptance
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Awarded by a domestic entity, with no promoter or related party interest involved
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Not classified as a related party transaction
This development strengthens Texmaco’s portfolio in railway engineering projects and underscores its role in supporting India’s industrial infrastructure expansion.
Source: Texmaco Rail & Engineering Ltd. disclosure to NSE and BSE