ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Siemens India bags Rs 26,000 cr contract to manufacture, maintain electric locomotives from Railways

Indian Railways has issued the Letter of Award (LoA) for the manufacturing and maintenance of 9000 HP Electric Freight Locomotives to Siemens India.

ANI Dec 25, 2022 00:25 IST googleads

Representative Image

New Delhi [India], December 25 (ANI): Indian Railways has issued the Letter of Award (LoA) for the manufacturing and maintenance of 9000 HP Electric Freight Locomotives to Siemens India.
The railways' factory at Dahod to will manufacture 1,200 high horsepower (9000 HP) electric locomotives over a period of 11 years. Also, it would entail the maintenance of these locomotives for 35 years.
A Ministry of Railways statement on Saturday said the estimated value of the contract is about Rs 26,000 crore (about USD 3.2 billion), excluding taxes and price variation.
Agreement with Siemens India, which was selected by Indian Railways through a fair, transparent, and competitive bidding process, will be signed within 30 days of the issue of the letter of award, the ministry said.
"The prototype locomotives are to be delivered in the coming two years. Dahod Unit will be fully constructed for manufacturing these locomotives within a period of two years," it added.
Siemens, selected as the technological partner, will manufacture these locomotives at Dahod and maintain these locomotives at four maintenance depots - Vishakhapatnam, Raipur, Kharagpur, and Pune for a period of 35 years utilizing the Railway's Manpower.
"Suitable economic drivers will ensure complete indigenization of the manufacturing which in turn will lead to the development of ancillary manufacturing units making it a true 'Make in India' initiative. The project will also lead to the development of the Dahod region and generate employment," the ministry said in the statement.
These High Horse Power (9000 HP) locomotives will be the future workhorse for freight operation on Indian Railways. These locomotives are planned for use primarily on Western DFC and on graded sections of Railways for hauling container freight trains in double stack configuration of 4500 Tonnes at 75 kmph at 1 in 200 gradients and improve the average speed of such trains to around 50-60 kmph over the existing 20-25 kmph.
The quantum jump in the operating parameters will lead to an increase in the throughput and also enhance line capacity. These locomotives, equipped with state-of-the-art IGBT-based propulsion technology, will provide savings in energy consumption due to regenerative braking technology. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.