Kolkata-based Titagarh Wagons Ltd has won a bid to manufacture and supply of 5,058 wagons to the Indian Railways at a estimated cost of approximately ₹1560 crore.
The bidding was conducted under the reverse auction method and these wagons are BOXN HL type, designed to carry coal, steel, stones, etc.
According to a notification issued by the company on the BSE, one-third or 1,686 of these wagons are to be supplied within six months. The supply for all these wagons is to be made before February 2020.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.