Titagarh Wagons bags contract from Indian Railways

Titagarh Wagons has been awarded a contract for manufacture and supply of 5058 wagons to Indian Railways. In the regulatory filing to BSE the company informed that it has been awarded a contract for manufacture and supply of 5058 Wagons to Indian Railways, the bidding for which was conducted under the reverse auction method”.

As per the regulatory filing the company announced that these wagons are BOXN HL type, designed to carry coal, steel, stones, etc. As per the contract, one third quantity (1686 wagons) is to be supplied within six months and to complete the supply of full quantity of wagons before the end of February 2020.

@EPC World Media