Mumbai, June 25 -- The company has signed a Letter of Intent (LoI) with JSW (South) Rail Logistics for the manufacture and supply of five BFNSM1 rakes along with BVCM wagons. The contract, valued at Rs 122.88 crore, is scheduled for execution within seven months from the date of signing. In addition, Jupiter Wagons will supply two BFNV wagons to JSW under an earlier requirement.

Separately, Central Warehousing Corporation, a Government of India enterprise, has awarded the company a contract worth Rs 141.44 crore for the manufacture and supply of eight BLSS rakes comprising 32 BLSS-A wagons, 352 BLSS-B wagons and eight brake vans. The order is expected to be completed within one year from the date of the Letter of Award (LoA).

Together, ...