Titagarh Rail Systems Limited has received the Letter of Acceptance for an order for “Design, manufacture, supply, testing, commissioning and training of 72 nos. of standard gauge cars for Surat Metro Rail, Phase-I, Project I”.
More Details:
- Pursuant to regulation 30 read with schedule-III, Part-A of the SEBI listing regulations, we wish to inform you that the company has received Letter of Acceptance (LoA) dated 27th June, 2023 from the Gujarat Metro Rail Corporation (GMRC) Limited w.r.t. “Design, manufacture, supply, testing, commissioning and training of 72 nos. of standard gauge cars for Surat Metro Rail, Phase-I, Project I”.
- The order value is about INR 857 crore and execution would start 76 weeks after signing the contract and is scheduled to be completed in 132 weeks thereafter.
About Surat Metro Rail Project:
- Surat with a population of around 60 lakhs is the fastest growing city in India. The city has no Mass Rapid Transportation System (MRTS), thus GoI and GoG decided to provide an MRTS facility in Surat.
- Phase-I of Surat Metro Rail Project, with a total length of 40.35 kms comprises two corridors.
- Length of Corridor-1 is 21.61 kms and Corridor-2 is 18.74 kms with an estimated completion cost of project Rs.12,020 crore.
The Project has two distinct corridors, with double track as under:
- Corridor-1: Sarthana to Dream city: This corridor provides metro connectivity to Gadhpur Township, Sarthana Nature Park, Nana Varachhe village, Kalakunj Junction, Kapodra and Punavillage, Labheshwar Chowk area, Big Diamond Market (Mini Bazar) of Surat, Retail Sari Market, Surat Railway Station, Muskati Hospital, Bhagal junction, Gandhi Bagh, Chowk Bazar, Majura Gate, Roopali Canal, Altha Treatment, Althan Gram, VIP road Women IIT,Bhimrad, Convention City and Dream City.
- Corridor-2: Bhesan to Saroli: Prominent areas like Bhesan Treatment Plant, International Cricket Stadium, SMC Botanical Garden, Palanpur, LP Savani School, Performing Art Centre, TGB Circle, Aquarium, Badri Narayan Temple, Star Bazar, Tapi River, Athawa Chopati, Majura Gate, UdhanaDarwaja, Kamala Darwaja, Anjana Junction, Parvat Patiya, Magub Village, Bharat Cancer Hospital, Saroli, etc. are connected through this route.
About Titagarh Rail Systems Limited:
- Titagarh Rail Systems Limited is one of the largest private sector manufacturers of railway coaches (EMUs, MEMUs) and the largest wagon maker (other than Railways). It has transformed itself from a wagon maker for Indian Railways to a multinational diversified engineering and fabrication group.
- It has engineering infrastructure spread across Titagarh and Uttarpara in West Bengal; Bharatpur in Rajasthan; and Caserta in Italy.
Source: Titagarh- Press Release
