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Chahat Aggrawal

26th Oct · SEBI-Registered Analyst

Subros Wins ₹27 Crore Contract from Indian Railways for Locomotive AC Systems

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SUBROS
has secured a ₹27 crore order from Banaras Locomotive Works, Varanasi, to supply cabin air-conditioning systems for Diesel Electric Locomotives. The contract, valued at ₹22.78 crore plus GST, will be executed in phases and completed by October 2026. The project aligns with Indian Railways’ modernization efforts and follows standard contractual terms, with no related party involvement.

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