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Titagarh Rail Systems Secures ₹91.12 Crore Order from Banaras Locomotive Works

Written by: Nikitha DeviUpdated on: 25 Aug 2025, 3:51 pm IST
Titagarh Rail Systems wins ₹91.12 crore order from Banaras Locomotive Works to supply complete shell assemblies for WAG-9HC locomotives by Aug 2026.
Titagarh Rail Systems Secures ₹91.12 Crore Order from Banaras Locomotive Works
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Titagarh Rail Systems Limited has announced a significant milestone with the receipt of a Letter of Acceptance (LOA) from Banaras Locomotive Works (BLW). The order pertains to the supply of complete shell assemblies for WAG-9HC locomotives, reinforcing the company’s growing presence in India’s railway manufacturing sector.

Order Details

The contract, valued at ₹91.12 crore (inclusive of GST), has been awarded by BLW, a domestic entity under Indian Railways. The order emphasises Titagarh Rail’s ability to meet complex engineering requirements for heavy-duty locomotives. The project timeline specifies that the execution will be completed by August 31, 2026.

Strategic Importance

The WAG-9HC is one of the most powerful electric freight locomotives in India. By contributing to the supply of complete shell assemblies, Titagarh Rail strengthens its role in India’s freight rail ecosystem. This order also reflects the trust Indian Railways places in the company’s technical expertise, quality, and timely delivery capabilities.

Impact on Business

This contract adds significantly to Titagarh Rail’s order book and ensures revenue visibility over the next two years. It also underlines the company’s alignment with the government’s vision of modernising the Indian Railways through robust infrastructure and advanced rolling stock.

Also ReadTitagarh Rail Systems Targets 1,500 Wagons Monthly by FY26!

Conclusion

The ₹91.12 crore order from Banaras Locomotive Works marks another feather in the cap for Titagarh Rail Systems. With execution scheduled by August 2026, the company is well-positioned to reinforce its standing in India’s railway manufacturing space while supporting the nation’s growing transportation needs.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 25, 2025, 10:20 AM IST

Nikitha Devi

Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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