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Oriental Rail Infrastructure Wins ₹4.94 Crore Order from ICF Chennai

Written by: Nikitha DeviUpdated on: Mar 17, 2025, 10:08 AM IST
Oriental Rail Infra secures ₹4.94 crore order from ICF, Chennai, for supplying and installing 47 sets of seats in Second AC Chair Car coaches by Dec 2026.
Oriental Rail Infrastructure Wins ₹4.94 Crore Order from ICF Chennai
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Oriental Rail Infrastructure Limited has received an order worth ₹4.94 crore from the Integral Coach Factory (ICF), Chennai, a key unit of Indian Railways. 

Details of the Order

The contract involves the supply and installation of 47 sets of seats, including fixing arrangements, for Second AC Chair Car coaches. This order further strengthens the company’s presence in the railway sector and highlights its expertise in manufacturing and furnishing railway components.

As per the terms of the contract, the delivery will be made to the Furnishing Depot at ICF, Chennai. 

The payment structure is divided into phases, with 90% of the supply portion being released upon submission of an inspection certificate and a Provisional Physical Receipt Certificate. The remaining 10%, along with the full installation charges, will be cleared once the consignee accepts the materials and an installation certificate is issued by the competent authority.

The order is scheduled to be executed by December 31, 2026. This contract underscores the company’s continued engagement with Indian Railways and aligns with the growing demand for enhanced passenger amenities. 

Conclusion

With Indian Railways focusing on infrastructure modernisation and improved passenger comfort, Oriental Rail Infrastructure’s expertise in coach furnishing is expected to contribute to its business growth and market presence.

 

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: Mar 17, 2025, 10:08 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ 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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