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Marg Ltd, the Chennai-based infrastructure development company, is foraying into the fabrication of railway wagon by winning an Rs 38-crore order from Braithwaite & Co Ltd, one of the largest wagon manufacturers in India.
MARG EPC's industrial project division has bagged the order that includes fabrication and assembly of 247 of BTFLN wagon (frameless Bogie Tanker Wagon used primarily for liquid petroleum products) in BCL workshop.
This includes supply of components and consumables except raw steel.
The time-frame to complete the project will be seven months (40 wagons a month as specified by BCL).
This is, however, subject to timely availability of the raw steel, wheel set and dished ends, which are to be provided by Braithwaite, according to a Marg press release.
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