Titagarh Rail Systems secures Rs 226.35 crore order from JSW Port Logistics
The order is for the manufacture and supply of 720 wagons
Titagarh Rail Systems has received a Letter of Intent (LoI) from JSW Port Logistics for the manufacture and supply of 720 wagons. The order is valued at Rs 226.35 crore (exclusive of GST). As per LoI, the contract period is expected to be 6 months from the effective date or commencement of work, subject to final agreement/purchase order.
Titagarh Rail Systems is formerly known as Titagarh Wagons. The company is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Steel Castings, Specialised Equipments & Bridges, Ships, Heavy Earthmoving and Mining Equipments, etc.
