Titagarh Rail Systems has announced the receipt of a revised order from the Indian Railways, now valued at Rs 7,100 crore. Titagarh Rail Systems sought permission from the Indian Railways to short-close 3,089 BCNA wagons.
The request was approved, and the Indian Railways placed an additional order for 716 BOXNHL wagons.
These wagons are open gondola-style freight wagons used for transporting bulk commodities such as coal. As a result, the total revised order quantity is now 21,804 wagons.
A quantity of 390 BCNA wagons valued at Rs 33.19 Lakhs, which was short-closed by the Indian Railways, has been reinstated in favor of the company. The delivery of these wagons is to be made within six months from the award date.
