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Titagarh Wagons’ Italian arm bags order worth Rs.1,741 crore

Titagarh Wagons surges 7% as co wins order worth Rs 1740cr

The total value of the LoA is Euro 216 million equivalent to Rs 1740.60 crore approximately.

Titagarh Wagons announced that its wholly owned subsidiary in Italy, Firema S.P.

A has been awarded the ‘Letter of Acceptance’ for design, manufacture and supply of 54 units of Metro for Ferrovia Circumetnea, Italy. The total value of the LoA is Euro 216 million (approx. Rs 1740.60 crore).

The order book of Titagarh Firema now stands at Euro 320 million (approx. Rs.2578.56 crore).

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