MRVC's suburban rail project tender: Jupiter Wagons to place bid for project worth Rs 20,000 crores
Railway freight wagon manufacturer Jupiter Wagons Ltd is set to place its bid for the Mumbai Rail Vikas Corporation Ltd's (MRVC) tender worth Rs 20, 000 crores. The tender is for the procurement of about 2,800 passenger coaches for the overhaul of the Mumbai Suburban Railway.
The firm is also investing Rs 1,000 crore in setting up a greenfield facility in Odisha for passenger coach manufacturing, marking its entry into this segment of coaches.