Oriental Rail Infrastructure Secures ₹1.89 Crore Order from Indian Railways’ ICF
In a significant development, Oriental Rail Infrastructure Limited (ORIL) has secured an order worth ₹1,89,24,840 from Integral Coach Factory (ICF), Chennai, a division of Indian Railways. The order entails the supply and installation of 18 sets of Second AC Chair Car coach seats with fixing arrangements.
Order Details and Terms
The contract mandates the delivery of the products to Furnishing Depot, ICF, Chennai. As per the agreement:
- 90% of the supply cost will be paid upon proof of inspection certificate and provisional physical receipt.
- The remaining 10% of the supply cost, along with 100% of installation charges, will be disbursed upon successful installation and acceptance by the designated consignee.
Execution Timeline
The project is scheduled for completion by April 16, 2026.
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Significance of the Order
This contract strengthens Oriental Rail Infrastructure’s foothold in the railway infrastructure sector, reinforcing its long-standing association with Indian Railways. The deal also highlights the company’s expertise in railway seating solutions, a critical component of coach manufacturing.
Promoter & Related Party Disclosure
ORIL has confirmed that:
- The order was awarded by a domestic entity (ICF, Chennai).
- There is no involvement of promoters or group companies in the contract.
- The transaction does not fall under related-party transactions.
Strategic Outlook
With Indian Railways modernizing its passenger coaches, such contracts are expected to provide consistent revenue streams for Oriental Rail Infrastructure This order further cements the company’s position as a key supplier in the railway equipment industry.
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