The Consortium of Titagarh Rail Systems and Titagarh Firema S.p.A, associate company, has received Letter of Approval for Supply of 12 additional trainsets as quantity variation under clause A.6 of Contract No: P1/RS-01/2018: Design, Manufacture, Supply, Testing, and Commissioning of passenger Rolling Stock (Electrical Multiple Units) and Training of Personnel for Pune Metro Rail Project from Maharashtra Metro Rail Corporation. The order value is about Rs 430.53 crore. The execution is scheduled to be completed within 30 months.
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.