Alstom will supply 800 electric locomotives and build a factory in the eastern state of Bihar as part of a contract expected to be signed in a month, a senior railways ministry official told AFP on Tuesday...India’s vast but crumbling railway network has received special attention under Modi’s government, with Union railways minister Suresh Prabhu pledging to spend around $137 billion to modernise it over the next five years.Late on Monday, the government said it had awarded a $2.

These locomotives will be equipped with latest technology like electronic fuel injection system, motor driven blowers and compressors..The locomotives under the new deals will be highly fuel efficient "which will bring savings in fuel costs on Indian Railways”, the government statement had said. (and) noise control to the latest standards,” it said.gif French engineering firm Alstom has won a contract worth $3 billion to modernise India’s vast colonial-era train network, the government revealed on Tuesday, a day after another mega agreement was announced.

The PTI said the Alstom deal was worth 200 billion rupees ($3 billion). A statement on an Indian government website said the Alstom and GE deals signified "a giant leap forward in Make In India drive”, Prime Minister Narendra Modi’s flagship manufacturing initiative.

French engineering firm Alstom has won a contract worth $3 billion to modernise India’s vast colonial-era train network, the government revealed on Tuesday, a day after another mega agreement was anno Alstom."GE will manufacture 1,000 diesel locomotives while Alstom has been picked for 800 electric locomotives meant mainly for heavy haulage,” he told AFP on condition of anonymity

Hide Comments | Add Comment