Mumbai, Feb. 28 -- The contract involves the manufacturing, supply and installation of 13 sets of "one coach set of seats and berths with hardware." The order is to be executed by March 29, 2026.
As per the terms of the contract, up to 80% of the supply portion will be paid upon submission of the Inspection Certificate and Provisional Physical Receipt Certificate. The remaining 20% of the supply portion, along with 100% of installation charges, will be paid after receipt and acceptance of stores by the consignee based on the Installation Certificate issued by the competent authority.
The order has been awarded by a domestic entity. The company clarified that neither the promoter nor the promoter group or group companies have any interes...
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