Titagarh Bags Mumbai Metro Contract for Line 5 Metro Coaches
Titagarh Rail Systems Ltd secures ₹2,481 crore contract from MMRDA for Mumbai Metro Line 5, involving 132 metro coaches and comprehensive system integration.
The contract value is substantial and signifies a major advancement in urban mobility infrastructure, indicating a high impact on the company's financials and market position.
The announcement highlights a significant new contract win for Titagarh, which is a positive development for the company.
* Titagarh Rail Systems Limited (TRSL) has secured a contract from the Mumbai Metropolitan Region Development Authority (MMRDA) for Mumbai Metro Line 5. * The project includes design, manufacture, supply, installation, integration, testing, and commissioning of rolling stock, communication-based signalling & train control, telecommunication, platform screen door systems, and depot machinery & plant. * The contract involves manufacturing and supplying 132 Metro coaches, along with signalling for 24.9 km and telecom across 16 stations, including five years of comprehensive maintenance. * The contract is valued at approximately ₹2,481 crore plus GST. * The contract covers both Phase 1 and Phase 2 of the Mumbai Metro Line 5 project. * This is Titagarh Rail Systems’ second major contract for the Mumbai Metro, following its earlier mandate for the rolling stock of Line 6. * Mr. Umesh Chowdhary, Vice Chairman & Managing Director, stated that this contract demonstrates Titagarh’s growing expertise in delivering end-to-end metro solutions and reflects their commitment to India’s vision of sustainable, efficient, and world-class transportation.
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TITAGARH RAIL SYSTEMS LIMITED filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by TITAGARH RAIL SYSTEMS LIMITED. Read the original for the full detail.