Texmaco
Rail & Engineering has secured orders worth over Rs. 243 crores from the
Mumbai Railway Vikas Corporation (MRVC) to install power supply on two routes -
the 3rd and 4th lines from Virar to Dahanu, and the new suburban corridor
between Panvel and Karjat. Under the contract, Bright Power - a division of
Texmaco and a hyper-specialised engineering, procurement and construction (EPC)
division - will be responsible for design, construction, installation, testing,
and commissioning of the ambitious project.
Bright
Power will construct two 25KV traction substations and other associated
infrastructure for necessary sectioning and sub-sectioning on the lines. This
is meant to ensure reliable power supply as well as operational convenience for
the new lines.
Mr
Indrajit Mookherjee, Vice Chairman of Texmaco, expressed optimism that the deal
will put Texmaco on an exponential growth track. “We are happy for the
opportunity to work with MRVC. Deploying Bright Power’s specialised strengths
towards building custom infrastructure in Maharashtra is a reflection of our
larger growth strategy, letting us reinforce our position as an enterprise that
goes beyond supplying to Indian Railways. I am confident that we will witness
great performance, as well as secure high profits,” he said.
Founded
in 1939, Texmaco Rail & Engineering Ltd. is a leading railway solutions
provider, manufacturing rolling stock and allied products and operating one
India's largest steel foundries. Driven by robust in-house capabilities and
strategic JVs and acquisitions, Texmaco’s transformation is defined by its core
values of integrity, customer first, safety and sustainability. With Bright
Power and its strong credentials in the railway electrification field, Texmaco
has strengthened its capacity as a one-stop rail solutions provider and is
well-positioned to leverage growth opportunities in railways infrastructure in
the coming years.