Titagarh Bags Export Order Worth USD 9 Million
Titagarh Wagons Limited has received Letter of Acceptance for its bid for supply of Modular Bridges to Nepal, the order value to be around USD 9 million only.
The contract from Ministry of Physical Infrastructure and Transport, Nepal shall cover supply of a total of 30 Modular Bridges with 15 Launching Kits and 20 containers. The Modular Panel Truss Bridges are an upgraded type of bridges and will be manufactured with the technology of Matiere SAS, France (Matiere), one of the global leaders in this field. Titagarh has access to the technology pursuant to an agreement with Matiere.
The order being under the Road Development Project of Nepal funded by the World Bank is not only the Company's first large export order for supply of modular panel truss Bridges but also very important as it marks achievement of another core competency diversification effort by Titagarh.
- Bagged By:
- Value:USD 9 Million
- Published On:2017-10-13