The contract is for the design, manufacture, supply, and commissioning of Wabtec ES43ACi (4,500 HP) diesel-electric locomotives. The contract has to be executed within a period of 20 to 24 months.

Texmaco Rail & Engineering (TEXMACO), part of the Adventz Group, is engaged in railway and infrastructure businesses through its Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure-Electrical segments.

The company reported a 70.57% year-on-year (YoY) increase in consolidated net profit to Rs 50.03 crore in Q1 FY27 from Rs 29.33 crore in the corresponding quarter last year. Revenue from operations, however, declined 16.90% YoY to Rs 756.68 crore in the quarter ended 30 June 2026.