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Texmaco Rail secures LoI worth Rs 253.28 crore

20 Jun 2026 Evaluate

Texmaco Rail & Engineering has secured Letter of Intent (LoI) worth Rs 253.28 crore (including taxes) from JSW (South) Rail Logistics. The LoI is for manufacture and supply of BFNSM1 Rakes along with BVCM Wagons. The order is to be executed within 13.5 months from the effective or date of commencement of works.

Texmaco Rail & Engineering manufactures a diverse range of products viz. Railway Freight Cars, Hydro-mechanical Equipment & Industrial Structurals, Steel Castings, and Pressure Vessels, etc.

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