Titagarh Wagons Limited informs that the Consortium formed by the Company with its wholly-owned subsidiary: Titagarh Firema SpA ('TFA') has emerged as the lowest bidder in the tender issued by Maharashtra Metro Rail Corporation Limited (MAHA-METRO) for 'Design, Manufacture, Supply, Testing, Commissioning Of Passenger Rolling Stock (Electrical Multiple Units) And Training of personnel for Pune Metro Rail Project.

The joint bidding by the Consortium consisting of the Company as Lead Member along with its wholly-owned subsidiary was made in 1he said tender for design, manufacture and supply of 102 Metro Coaches for Pune Metro Rail.

As per the tender documents, first 3 Car Prototype Metro Trainset is required to be supplied in 78 weeks and the balance 33 train sets in several phases over 160 weeks.

The order valued at approximately INR 11250 million is likely to be issued in the next few days and more details would be intimated by the Company upon receipt of the formal order.