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.