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.
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.
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.
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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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