Order Win / Contract Award
Texmaco Rail Bags Rs. 130.22 Crore Kochi Metro Track Order
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BSE
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Texmaco Rail & Engineering received a Rs. 130.22 crore order from Kochi Metro Rail Limited for ballastless track works in Phase 2 Corridor of Kochi Metro.
PRICE-SENSITIVE TRIGGER
Event: Metro Rail Infrastructure Order
Type: Order Win / Contract Award
Impact: Positive
Immediate Effect: The order strengthens Texmaco’s railway infrastructure and metro project execution pipeline
Key Metrics:
- Order Value: Rs. 130.22 crore
- Execution Timeline: 16 months
- Project Type: Ballastless Track Works
- Client: Kochi Metro Rail Limited
Highlight:
- Texmaco secured a major Kochi Metro Phase 2 track infrastructure contract
What Happened ?
Kochi Metro Rail Limited awarded Texmaco Rail & Engineering a contract for design, supply, installation, testing, and commissioning of ballastless track and standard gauge connections.
The project relates to:
- Elevated section of Phase 2 Corridor
- Kochi Metro Rail Project
key highlights
Project Details:
- The project is domestic in nature.
- The contract includes ballastless track infrastructure.
- Execution timeline is within 16 months from Letter of Acceptance.
- The order includes testing and commissioning work.
- No related party involvement was disclosed.
Note:
- The order strengthens Texmaco’s presence in metro rail infrastructure projects.
Risk Analysis
Key Risks
- Project execution risk
- Construction timeline delays
- Cost escalation risk
Worst Case Scenario
- Execution delays or cost overruns could impact project profitability.
Risk Level: Low
Company Commentary
- Texmaco confirmed receipt of the Kochi Metro order.
- The company disclosed the project under SEBI order disclosure norms.
Official Exchange Filing: Texmaco Rail & Engineering Limited