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SAURABH SAHU

28th Jun 2025 · SEBI-Registered Analyst

Titagarh Receives ₹430.53 Cr Pune Metro Order for 12 Trainsets

Titagarh Rail Systems Limited, in consortium with its associate company Titagarh Firema S.p.A, has received a Letter of Approval from Maharashtra Metro Rail Corporation Limited for the supply of 12 additional trainsets under the Pune Metro Rail Project. This variation order falls under Clause A.6 of Contract No: P1/RS-01/2018, which includes the design, manufacture, supply, testing, and commissioning of EMUs and training of personnel. Order Value: ₹430.53 Crores Execution Timeline: Within 30 months Nature of Entity Awarding Contract: Domestic Related Party Involvement: None This contract adds significant value to Titagarh's metro rail portfolio and builds on its earlier engagement in the Pune Metro project.

TITAGARH

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