Texmaco Rail and Engineering Ltd Thursday bagged aRs 252.88 crore contract to supply standard gauge ballastless track for Indore Metro Rail project, a company official said here.
The contract was floated by Madhya Pradesh Metro Rail Corporation Limited (MPMRCL).
Texmaco Rail was the lowest bidder beating Larsen &Tubro’sRs 262.32 crorebid, the official said.
The other bidders were Vijay Nirman Company Pvt Ltd and Rail Vikas Nigam Ltd (RVNL), it said.
The work scope includes designing, supplying, installing, testing, and commissioning the ballastless track of standard gauge for the Indore Metro Yellow Line.