Titagarh Rail Systems wins ₹2,481 crore Mumbai Metro contract
pre-market1 source ↓written by the desknot a recommendation
- contract
- ₹2,481 crore
- signalling systems
- 24.9 km
Titagarh Rail Systems Limited has secured a ₹2,481 crore contract from the Mumbai Metropolitan Region Development Authority for Metro Line 5. The project includes the supply of 132 Metro coaches and implementation of signalling systems over 24.9 km. This significant order enhances the company's order book and may bolster investor confidence.
Key Points:
• Comprehensive maintenance for five years
• Project divided into two phases
• Enhances infrastructure development in Mumbai
Not investment advice. For informational purposes only.