Texmaco Rail has won one of the lots in a massive tender and will deliver 20 000 freight cars to Indian Railways.

Freight cars supply

The contract was awarded as part of a tender for the supply of 90 000 freight cars announced by the national carrier last month, Railway Supply reports, citing Texmaco Rail.

The contract value was about $832.3 million (approximately $41.5 thousand per wagon).

Indian Texmaco Rail said it would deliver the rolling stock within 39 months.

Texmaco Rail and Engineering is one of the largest freight car manufacturers in the country. The company traces its history back to 1939 and owns five production sites on the outskirts of Kolkata.

The Indian Railways tender involves 16 companies, both public and private. Preference will be given to companies offering the lowest price. As previously reported by the Times of India, the expected investment should be about 300 billion rupees ($3.9 billion).

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