Texmaco Rail & Engineering has purchased a 55% stake in Bright Power Projects (India) for ₹385 million (US$5.6 million).
Bright Power is an engineering, procurement and construction company that specializes in “over-head electrification” for the railway sector. It supplies electrical equipment and handles electrification, design, supply, construction, installation, testing and commissioning of turnkey projects and has executed over 400 electrification projects across India.
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