Latest news with #PritishChowdhary
News18
4 days ago
- Business
- News18
Mumbai: Titagarh Rail Systems Bags Contract To Deliver 108 High-Tech Coaches For Metro Line 6
The scope of work includes design, manufacturing, supply, installation, integration, testing, and commissioning of 18 train sets—each with six coaches. Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official said on Monday. TRSL received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said. 'The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete," TRSL's Deputy MD Pritish Chowdhary told PTI. Currently, each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd, which is executing the project for the Mumbai Metropolitan Region Development Authority (MMRDA). The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company said. The company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
The Print
4 days ago
- Business
- The Print
Titagarh Rail Systems bags Rs 1,600-crore contract to supply 108 coaches to Mumbai Metro
'The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete,' TRSL's Deputy MD Pritish Chowdhary told PTI. TRSL received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said. Kolkata, Aug 4 (PTI) Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official said on Monday. Currently, each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd, which is executing the project for the Mumbai Metropolitan Region Development Authority (MMRDA). The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company said. As the specialised subcontractor for rolling stock for Line 6, connecting Swami Samarth Nagar to Vikhroli (Eastern Express Highway), TRSL will deliver 18 train sets comprising six coaches each, it said. The design-build phase is expected to be completed within 104 weeks, after which the maintenance period will commence, it added. The company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district. PTI BSM SOM This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Economic Times
4 days ago
- Business
- Economic Times
Titagarh Rail Systems bags Rs 1,600-crore contract to supply 108 coaches to Mumbai Metro
Synopsis Titagarh Rail Systems Ltd. has secured a Rs 1,598.55-crore contract to design, manufacture, and supply 108 coaches for Mumbai Metro's Line 6. The contract, awarded by NCC Ltd. on behalf of MMRDA, includes comprehensive maintenance for five years after a two-year defect liability period. ANI Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official said on received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said."The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete," TRSL's Deputy MD Pritish Chowdhary told each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd, which is executing the project for the Mumbai Metropolitan Region Development Authority (MMRDA). The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company the specialised subcontractor for rolling stock for Line 6, connecting Swami Samarth Nagar to Vikhroli (Eastern Express Highway), TRSL will deliver 18 train sets comprising six coaches each, it design-build phase is expected to be completed within 104 weeks, after which the maintenance period will commence, it company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district.
Hans India
5 days ago
- Business
- Hans India
Titagarh Rail Systems bags Rs 1,600-crore contract to supply 108 coaches to Mumbai Metro
Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official said on Monday. TRSL received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said. "The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete," TRSL's Deputy MD Pritish Chowdhary told PTI. Currently, each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd, which is executing the project for the Mumbai Metropolitan Region Development Authority (MMRDA). The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company said. As the specialised subcontractor for rolling stock for Line 6, connecting Swami Samarth Nagar to Vikhroli (Eastern Express Highway), TRSL will deliver 18 train sets comprising six coaches each, it said. The design-build phase is expected to be completed within 104 weeks, after which the maintenance period will commence, it added. The company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district.
