Texmaco Rail & Engineering, a manufacturer of railway infrastructure solutions, said it has won a ₹535.6 crore supply and maintenance contract with CAMALCO SA.
The deal comprises an order for the manufacturing and supply of 560 open-top wagons valued at ₹282 crore and a long-term maintenance contract for 20 years valued at ₹253 crore, according to a regulatory filing with the Bombay Stock Exchange (BSE) in after-market hours on Wednesday.
The initial phase of the contract encompasses the supply of 560 wagons, with the full order of more than 1,600 wagons to be delivered in three phases.
Under the deal terms, Texmaco will be responsible for the design, construction, and end-to-end maintenance of these critical freight assets.
‘This partnership is a powerful testament to India’s emergence as a global manufacturing powerhouse, driven by the vision of AtmaNirbhar Bharat.
This contract reinforces our role as a turnkey provider and showcases India’s capacity to shape infrastructure transformation worldwide,’ said Sudipta Mukherjee, managing director, Texmaco Rail & Engineering.
In turn, CAMALCO SA will provide the necessary facilities and support infrastructure to maximise operational efficiency and responsiveness.
With this new contract, Texmaco’s cumulative order book has reached a robust ₹7,820 crores.