Latest news with #TexmacoRail&EngineeringLtd
Business Upturn
5 days ago
- Business
- Business Upturn
Texmaco Rail bags Rs 47.77 crore order for Wagons from UltraTech Cement
Texmaco Rail & Engineering Ltd has announced that it has received a significant purchase order from UltraTech Cement Ltd worth ₹47.77 crore. The order, dated July 18, 2025, was officially received by Texmaco on July 19 and involves the supply of BOXNHL wagons along with BVCM Brake Vans. According to the company's regulatory filing, the order is to be fulfilled by mid-October 2025. The order has been awarded by a domestic entity—UltraTech Cement—and does not involve any related party transactions. Texmaco also confirmed that the promoter group does not hold any interest in UltraTech Cement. This development adds to Texmaco's robust order book and reaffirms its standing in the Indian rail engineering and wagon manufacturing sector. In the meantime, on June 25, the company secured a major international deal from CAMALCO SA, Cameroon, marking a key milestone in its global push. The company received a Letter of Intent on June 24 for a contract worth $62.24 million (approx. ₹535 crore). The deal includes supplying 560 open-top wagons valued at $32.76 million and a 20-year maintenance contract worth $29.48 million. Production will take place in two phases over 24 months. The agreement also leaves room for a future order of 1,040 additional wagons over five years. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
6 days ago
- Business
- Time of India
Texmaco Rail commissions 10-MW solar plant in Raipur
Texmaco Rail & Engineering Ltd has commissioned a 10-MW captive solar power plant at its Raipur facility in Chhattisgarh, as part of its broader green energy transition , the company said on Friday. The project, developed in partnership with AMP Energy India , marks a key milestone in Texmaco's sustainability roadmap , it said. The plant will supply over 15 million units of clean energy annually to Texmaco's Raipur operations, helping reduce over 12,000 tonnes of carbon dioxide emissions each year, it said in a statement. "This is not just a sustainability checkbox; it's a forward-looking step towards redefining how Indian industry powers its future," said Indrajit Mookerjee, Vice Chairman & Executive Director, Texmaco Rail. The plant has been executed under the Group Captive Open Access Policy, offering Texmaco greater control over its power supply, cost savings of 30-40 per cent, and reduced grid dependency. "Responsible manufacturing is no longer optional. This initiative reflects our commitment to ESG principles and positions Texmaco as a leader in clean energy transition within the manufacturing sector," he said.
Business Standard
04-06-2025
- Business
- Business Standard
Nava Ltd leads gainers in 'A' group
Ircon International Ltd, Railtel Corporation of India Ltd, Texmaco Rail & Engineering Ltd and Mahanagar Telephone Nigam Ltd are among the other gainers in the BSE's 'A' group today, 04 June 2025. Ircon International Ltd, Railtel Corporation of India Ltd, Texmaco Rail & Engineering Ltd and Mahanagar Telephone Nigam Ltd are among the other gainers in the BSE's 'A' group today, 04 June 2025. Nava Ltd spiked 12.71% to Rs 551.3 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 2.48 lakh shares were traded on the counter so far as against the average daily volumes of 35056 shares in the past one month. Ircon International Ltd surged 10.69% to Rs 214.8. The stock was the second biggest gainer in 'A' group. On the BSE, 27.46 lakh shares were traded on the counter so far as against the average daily volumes of 5.75 lakh shares in the past one month. Railtel Corporation of India Ltd soared 8.80% to Rs 433.75. The stock was the third biggest gainer in 'A' group. On the BSE, 3.95 lakh shares were traded on the counter so far as against the average daily volumes of 3.15 lakh shares in the past one month. Texmaco Rail & Engineering Ltd gained 8.54% to Rs 174.05. The stock was the fourth biggest gainer in 'A' group. On the BSE, 5.35 lakh shares were traded on the counter so far as against the average daily volumes of 2.46 lakh shares in the past one month. Mahanagar Telephone Nigam Ltd exploded 6.77% to Rs 53.14. The stock was the fifth biggest gainer in 'A' group. On the BSE, 21.62 lakh shares were traded on the counter so far as against the average daily volumes of 6.48 lakh shares in the past one month.
The Print
29-05-2025
- Business
- The Print
Texmaco bags Rs 140 crore order from railways
Kolkata, May 29 (PTI) Texmaco Rail & Engineering Ltd has secured an order worth Rs 140.55 crore from the railways for the supply of Flat Multi-Purpose (FMP) wagons, the company said on Thursday. These newly developed wagons are designed to carry steel coils, containers, military vehicles, and support Roll-on/Roll-off (RoRo) operations, offering flexibility across sectors such as agriculture, defence and transport.
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Business Standard
29-05-2025
- Automotive
- Business Standard
Texmaco bags ₹140 cr order to supply multi-purpose wagons to Railways
Texmaco Rail & Engineering Ltd., a listed company under Adventz Group, has secured a fresh order worth ₹140.55 crore from the Ministry of Railways for supplying flat multi-purpose wagons. The order is part of the government's push to modernise and improve the country's freight operations. With this order, Texmaco's total order book has reached ₹7,115 crore. The flat multi-purpose (FMP) wagons are designed to cater to several industries, supporting the movement of steel coils, containers, military vehicles, and Roll-on/Roll-off (RoRo) operations. The FMPs are built to meet the increasing needs of modern freight logistics, offering higher efficiency and adaptability. They can also transport ISO containers (one 40-foot or two 20-foot units), enhancing the country's cargo-handling capacity; trucks (loaded or empty) through RoRo methods, helping speed up freight movement; and military vehicles, ensuring quick and safe transport for defence needs. Induction of the FMP wagon also ties into broader goals around sustainability and integrated transport. These wagons aim to modernise infrastructure and encourage greener freight solutions by supporting multi-modal transport. Their design helps cut down freight costs and delivery times. "This latest order is a testament to India's commitment to modernising its railway fleet with next-generation freight solutions," said Indrajit Mookerjee, vice chairman and executive director of Texmaco Rail & Engineering Ltd. "With these versatile wagons, Texmaco is proud to contribute to the nation's transportation infrastructure and economic progress." "Texmaco remains dedicated to providing state-of-the-art railway solutions that enhance connectivity and streamline cargo movement across critical sectors such as defence, steel, and container logistics," said Sudipta Mukherjee, managing director of Texmaco Rail & Engineering Ltd. Texmaco operates across three segments — freight wagons, infra-rail and green energy, and electrical infra. Headquartered in Kolkata, the company runs seven manufacturing plants across West Bengal, Gujarat, and Chhattisgarh. It also has partnerships with firms like Wabtec and Touax to increase its footprint in international markets.
