Texmaco Rail & Engineering Ltd has informed after the closing of the stock market on Monday that the company has received a big contract worth Rs 219.18 crore from Mumbai Railway Vikas Corporation Ltd (MRVC). In the information given to the exchange, the company said that this contract is related to the construction of the new suburban railway line proposed under the Mumbai Urban Transport Project (MUTP-IIIA). The company will do the design, supply, installation, testing and commissioning of signaling equipment under this project. The company said the project is to be completed within 36 months from the date of issue of Notice to Proceed. Apart from this, the company also received an order from South Western Railway for Comprehensive Annual Maintenance and Breakdown Restoration of Overhead Equipment (OHE) and Power Supply Installations in Mysore Division.
Texmaco Rail share: Company working in railway sector gets contract worth Rs 219 crore – Market
