Texmaco bags Rs 187cr order from Kochi Metro, Vedanta
Texmaco Rail and Engineering Limited has secured new orders totaling Rs 187.37 crore. The company received a Rs 130.22 crore award from Kochi Metro Rail for ballastless track works on its Phase 2 project. Additionally, Texmaco secured a Rs 57.15 c...
The company received a Letter of Award worth Rs 130.22 crore from Kochi Metro Rail for design, supply, installation, testing and commissioning of ballastless track and associated works for the elevated section between JLN Stadium and Infopark stations under Phase 2 of the Kochi Metro project, a statement said.
Texmaco also secured a capex purchase order worth Rs 57.15 crore from Vedanta Aluminium.
Managing director Sudipta Mukherjee said the Kochi Metro order strengthens the company's focus on urban transport infrastructure and execution of technically complex metro rail projects.
On the Vedanta order, he said it reflects customer confidence in Texmaco's engineering and execution capabilities in the rail logistics segment.
The Kochi Metro project is scheduled to be completed within 16 months, the company said.
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