Chennai-based infrastructure development company Marg Ltd on Tuesday announced its foray into railway wagon fabrication business.
The company has bagged Rs 37.66 crore order from Braithwaite and Co Ltd (BCL), under the Union Ministry of Railways, for fabrication and assembly of BTFLN wagons, improved frameless bogie tanker wagon to carry liquid petroleum products and other liquid cargo.
The order awarded to Marg EPC's industrial project division, is for fabrication and assembly of 247 BTFLN wagon in the workshop of BCL including supply of components and consumables except raw steel, according to the company announcement.
BTFLN wagon, a new and improved frameless bogie tanker wagon, is used to carry liquid petroleum products like petrol, naphtha, kerosene, diesel and furnace oil, along with vegetable oil and other liquid cargo.
A new team inducted into Marg with technical expertise in wagon fabrication will execute the project as scheduled, said GRK Reddy, chairman and managing director, Marg Ltd.
The timeframe for the project is around seven months, with 40 wagons per month subject to timely delivery of the raw steel, wheel set and dished ends by BCL.
The scope of works under the order includes total fabrication, assembly, fitment of components, painting and finishing of the wagons including supply of components and consumables except raw steel, wheel set without bearings and dished ends for BCL.
BCL, set up as a Government of India undertaking in 1976, currently has three manufacturing units, two in Kolkata and one in Hooghly district, West Bengal. Its facility is engaged in manufacturing cranes, foundry products, machinery components, pressure vessels, railway wagons and heavy structures for bridges and other engineering applications.
Marg group, which has four verticals of business including marine infrastructure and services, urban and industrial infrastructure, EPC and real estate, currently handles projects worth around Rs 5,000 crore under execution, said the company.
