Current Date: 22 Nov, 2024

Texmaco Bags ₹243 Crore Contract to Power Up Mumbai Trains

Texmaco Rail & Engineering has secured a major contract worth over ₹243 crore from the Mumbai Railway Vikas Corporation (MRVC). The deal involves installing power supply systems for two critical railway routes: the 3rd and 4th lines from Virar to Dahanu and the new suburban corridor connecting Panvel and Karjat.

Under the contract, Texmaco's specialized EPC division, Bright Power, will oversee the design, construction, installation, testing, and commissioning of the project. The scope includes the construction of two 25KV traction substations along with associated infrastructure required for sectioning and sub-sectioning on these new lines.

Indrajit Mookherjee, Vice Chairman of Texmaco, expressed enthusiasm about the contract, noting it as a significant step in the company’s growth strategy. “This opportunity with MRVC allows us to leverage Bright Power’s expertise in building tailored infrastructure in Maharashtra, reinforcing our position as a key player in the railway sector,” he stated.

Founded in 1939, Texmaco Rail & Engineering Ltd. has established itself as a leading railway solutions provider, specializing in rolling stock, allied products, and operating one of India’s largest steel foundries. The company's commitment to integrity, customer focus, safety, and sustainability continues to drive its expansion and transformation.

With this new project, Texmaco is poised to enhance its role as a comprehensive rail solutions provider and capitalize on future growth opportunities within the railway infrastructure sector.

News by Rahul Yelligetti

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Source : Projxnews