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Texmaco Rail lands Rs 26.56-crore signalling order from South Central Railway

South Central Railway has awarded Texmaco Rail a Rs 26.56-crore signalling contract, extending the Kolkata-based supplier's push into rail infrastructure beyond its core wagon business.

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Texmaco Rail Wins Rs 26.56-Crore Rail Signalling Order from South Central Railway - TipRanks
Texmaco Rail Wins Rs 26.56-Crore Rail Signalling Order from South Central Railway - TipRanksAI-generated

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  1. South Central Railway awarded Texmaco Rail a signalling order worth Rs 26.56 crore (approx. $3.2 million).
  2. The contract covers signalling works on SCR, which operates across Telangana, Andhra Pradesh, Maharashtra, Karnataka and Tamil Nadu.
  3. Texmaco, India's largest private wagon maker, is diversifying into signalling and other rail infrastructure segments.

South Central Railway has awarded Texmaco Rail a signalling contract worth Rs 26.56 crore, adding to the Indian rolling stock and rail equipment manufacturer's growing order book in the infrastructure segment.

The award, reported by TipRanks, covers railway signalling works for the zone, one of Indian Railways' busiest operating territories. SCR handles freight and passenger operations across Telangana, Andhra Pradesh, Maharashtra, Karnataka and Tamil Nadu, and continuously upgrades signalling to raise line capacity and train speeds on its saturated corridors.

At Rs 26.56 crore — roughly $3.2 million at current exchange rates — the order is modest relative to Texmaco's core rolling stock business, but it signals the company's continued diversification into signalling and other rail infrastructure lines. Indian Railways has been expanding signalling spending as it pushes to modernise interlocking, adopt electronic interlocking and Kavach automatic train protection technology, and lift throughput on high-density routes.

Texmaco Rail, headquartered in Kolkata, is one of India's largest private-sector wagon manufacturers and also produces locomotive components, coaches, hydro-mechanical equipment and steel castings. Signalling is a smaller but growing part of its portfolio.

The contract value should be read against the scale of the buyer. South Central Railway's network spans more than 5,800 route kilometres, and signalling renewals and panel interlocking upgrades are routine components of its works programmes. Contracts of this size typically cover a defined package of interlocking, cabling or associated trackside equipment rather than a zone-wide system deployment.

For Texmaco, the award adds to a pipeline that has benefited from Indian Railways' sustained capital expenditure programme. The national operator's capital outlay has risen sharply in recent years, driving orders for wagons, components and ancillary systems across the supplier base.

The company has not yet disclosed a delivery schedule or the specific works covered under the SCR order. As with all supplier announcements, the contract will be confirmed in Texmaco's order intake disclosures and executed against South Central Railway's works plan.

via Google News: Rail signalling (Source)

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Olivia Hart

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Market editor covering industry trends and analytics at Mainline Report.

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