Texmaco Rail & Engineering has bagged an order worth $62,244,000 (equivalent to Rs 535 crore) from CAMALCO SA., Cameroon which include order for manufacturing and supply of 560 open Top wagons at $32,760,000 (equivalent to Rs 282 crore) and long-term maintenance contract for 20 years at $29,484,000 (equivalent to Rs 253 crore). Further, this initial order includes provision for additional order relating to supply of 1040 Wagons in next 5 years and long-term maintenance thereof.
Texmaco Rail & Engineering is a private engineering and infrastructure company based in India. It is primarily engaged in the business of manufacturing railway wagons, coaches, and locomotives, as well as providing related services.
