
In a significant development, the Oriental Foundry Pvt. Ltd. has secured a substantial contract valued at approximately INR 432 crores from Indian Railways. This project involves the manufacturing and supply of 1,200 BVCM-C Wagons, marking a notable achievement for the company and a vital step in enhancing Indian Railways’ capabilities.
More Details:
The Oriental Foundry Pvt. Ltd., a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd., established under the Make in India initiative to enhance railway infrastructure capacity, has recently secured a major contract from Indian Railways. This order involves the manufacturing and supply of 1,200 BVCM-C Wagons, underscoring the company’s commitment to supporting the nation’s rail network expansion.
Brief about the Tender/Order:
- Tender Number: 2024RSI9542TC
- Name of Work: Manufacturing and Supplying of 1,200 BVCMC Wagons.
- Time period by which the order(s)/contract(s) to be executed is: March 31, 2026
- Broad consideration or size of the order(s)/contract(s) is: Rs. 432,15,97,524/-
Contractor’s Responsibilities:
The contractor shall be solely responsible for the execution of the contract in all respect in accordance with the conditions of contract notwithstanding any approval, which the Inspecting Officer may have given of materials or other parts of the work involved in the contract or of test carried out either by the contractor or by the Inspecting Officer.
Delivery:
- The contractor shall deliver the wagons free on rails at the place or places detailed in the contract not later than the date or dates specified therein.
- The time and the date specified in the contract or as extended for the delivery of the wagons shall be deemed to be the essence of the contract and delivery must be completed not later than the date(s) so specified or extended.
Conclusion:
This contract highlights Oriental Foundry Pvt. Ltd.’s significant role in bolstering India’s railway infrastructure, reflecting its dedication to innovation and excellence in the sector. The successful execution of this order will contribute to the efficiency and capacity of the Indian Railways, further advancing the goals of the Make in India initiative.
Source: Oriental Rail – Press Release | Image Credit: Oriental Rail
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