Mumbai, March 13 -- Ministry of Railways (Railway Board), Indian Railways has increased the order quantity of BOXNHL Wagons from 2,964 Nos. to 3,055 Nos. BOXNHL Wagons (Addition of 91 Nos. BOXNHL Wagons) on the same terms and conditions.

Further, Oriental Foundry, a wholly owned subsidiary of the company, after taking into consideration of previously mentioned additional 91 Nos BOXNHL Wagons, has secured order having total contract value of Rs 1,249 crore for manufacturing and supply of 3,055 BOXNHL wagons (which includes additional 91 Nos Boxnhl wagons) from Indian Railways. Delivery period of the increase quantity would be till August 31, 2024.

As per terms and conditions, 90 % of total cost to be received against inspection certifica...