Titagarh Rail Systems has secured additional order worth Rs 1716.90 crore (plus GST) from Ministry of Railways. The additional order is for manufacturing and supply of 4,955 BOXNHL wagons. The order is to be executed by June 7, 2027.
The order was placed under the option clause of the original contract, at the same price, terms and conditions. With the additional quantity, the total number of BOXNHL wagons under the contract has increased to 9,994 and total contract value has risen to Rs 10,404.10 crore (inclusive of GST).
Titagarh Rail Systems, formerly known as Titagarh Wagons, 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.
