Oriental Rail Infrastructure Ltd has announced that its subsidiary, Oriental Foundry Private Ltd, has secured a ₹432.16 crore order from Indian Railways. The order is for the manufacture and supply of 1,200 BVCM-C wagons, as specified by the Railway Board.
In an exchange filing, Oriental Rail Infra stated, “We wish to inform you that Oriental Foundry Private Limited, a wholly-owned subsidiary of the company, has secured an order worth Rs 4,32,15,97,524 (Four Hundred Thirty-Two Crores Fifteen Lakhs Ninety-Seven Thousand Five Hundred and Twenty-Four Only) for the manufacture and supply of 1,200 BVCM-C wagons.”
According to the contract, 90% of the payment will be made upon the issuance of an Inspection Certificate by the Research Designs and Standards Organisation (RDSO) and proof of dispatch or delivery. The remaining 10% will be paid after the goods are received, inspected, and accepted. The order is expected to be completed by March 31, 2026.
Oriental Rail Infrastructure Ltd is a company involved in manufacturing and supplying various railway components. It has a strong presence in the railway sector, known for its quality products and reliable services.
The company’s subsidiary, Oriental Foundry Private Ltd, plays a crucial role in fulfilling significant orders, such as manufacturing specialized wagons for Indian Railways. By focusing on innovation and maintaining high standards, Oriental Rail Infrastructure Ltd continues to contribute to the development and modernization of the railway industry in India.
