Breaking News

You are here » Indian-Commodity  :  Corporate  :  Texmaco Rail bags contract worth $67.7 million

01-Nov2017

Texmaco Rail bags contract worth $67.7 million

Texmaco Rail & Engineering has been awarded a contract, valuing $67.7 million, by the Ministry of Railway, Bangladesh Government, for construction of 45 Kilometer Dual Gauge Railway Line, including Railway stations buildings, Level Crossing gates and a Custom House Building through North Eastern Border area in Maulavibazar District of Bangladesh adjoining Karimganj District of Assam state of India.

The Rail route is expected to enhance trade and passenger transportation between the two countries by opening a new custom check post. The line segment is planned to be constructed within a period of 18 months by the EPC Division - Kalindee Rail Nirman of the company. Track would be made with high standards of Railway construction specifications to carry 25 Ton axle load to ease transportation of heavy goods and commodities between the two countries.

Texmaco Rail & Engineering is one of India's leading freight car manufacturers and diversified engineering company. The company is the largest supplier of wagons to the Indian Railways in India with strong in-house capabilities for the design and manufacture of special purpose wagons.



Related News

View all news

NCLT levies penalty on Tata Chemicals

The National Company Law Tribunal (NCLT) Mumbai, has levied a penalty of Rs 10 lakh on Tata Chemicals for filing a petition fraudulently and with malicious intent to liquidate Raj Process Equipment and......

Reliance Industries' arms to launch new e-commerce platform

Reliance Industries' group companies--Reliance Jio and Retail will launch a new e-commerce platform in the country. This project will empower 12 lakh small retailers in Gujarat.Reliance Industries is India's......

Glenmark Pharma recalling 96,240 applicators of its product from US

Glenmark Pharmaceuticals is recalling 96,240 applicators of its product Estradiol vaginal inserts for defective delivery system. The USFDA has termed it as a Class-II recall. The USFDA has classified Class-II......

Top News

View all news

Glenmark Pharma recalling 96,240 applicators of its product from US

Glenmark Pharmaceuticals is recalling 96,240 applicators of its product Estradiol vaginal inserts for defective delivery system. The USFDA has termed it as a Class-II recall. The USFDA has classified Class-II......

Infosys hires over 7,600 staff in US

Infosys has hired over 7,600 staff in the US. This hiring is more than three-fourth of its target of recruiting 10,000 American workers. The company is making recruitment from local schools a 'sustained......

SBI to sell 26% stake of SBI payment services

State Bank of India (SBI) is planning to sell 26% stake of its SBI payment services (SPSPL) to Hitachi Payment Services (HPY). After allotment of the shares, SBI shareholding in SPSPL will become 74% from......