
Texmaco Rail & Engineering Limited has secured a new infrastructure contract from North Eastern Railway. The company announced that it has received an order worth ₹51.45 crore for executing electrification and power supply installation work in the Varanasi Division.
The project forms part of the GKC–VKNR railway doubling project, which aims to enhance rail connectivity and operational efficiency in the region.
The contract involves the design, supply, testing, erection and commissioning of power supply installations and electrification systems. The work will include infrastructure for Traction Sub Stations, Sectioning and Paralleling Posts, and Booster Sectioning Posts buildings along the GKC–VKNR section.
These installations play a crucial role in ensuring uninterrupted electric traction supply for railway operations. The project will support the electrification and infrastructure development required for the railway line doubling initiative.
The project has been awarded by North Eastern Railway, making it a domestic contract. Texmaco Rail will be responsible for completing all aspects of the project including engineering design, equipment supply, installation and commissioning.
According to the contract terms, the entire project must be completed within 24 months from the date of issuance of the Letter of Acceptance. The total value of the contract is ₹51.45 crore, excluding applicable taxes.
Railway electrification projects are a key component of India’s efforts to modernise rail infrastructure and improve operational efficiency. Electrification reduces dependency on fossil fuels and enhances the speed and reliability of train operations.
Projects such as the GKC–VKNR doubling initiative are expected to increase line capacity and support the growing demand for both passenger and freight transport.
On March 19, 2026, Texmaco Rail share price opened at ₹91.90, touching the day’s low at ₹90.01, as of 11:51 AM on the NSE.
Also Read: Texmaco Rail Secures ₹3.54 Crore Order from Western Railway!
The new contract from North Eastern Railway strengthens Texmaco Rail & Engineering Limited’s position in the railway infrastructure sector. With its expertise in engineering and electrification projects, the company is expected to contribute to the successful completion of the project while supporting the expansion and modernisation of India’s railway network.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private 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: Mar 19, 2026, 12:04 PM 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.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
