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Siemens India said in a statement that it has signed a Rs 26,000-crore deal to produce 1,200 electric freight locomotives for the railways.
According to the release, the deal with the Ministry of Railways to produce 9000 HP locomotives is Siemens Limited’s single largest order in India.
“The 9000 HP electric locomotive is a significant milestone in the rail electrification mission of Indian Railways, and we are proud to build these in India using the latest technology provided by Siemens Mobility,” Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said.
The deal includes 35 years of full-service maintenance and delivery over an 11-year period.
“The locomotives will be assembled in the Indian Railways factory in Dahod, Gujarat… “The contract is worth approximately Rs 26,000 crore, excluding taxes and price variation,” according to the statement.
Indian Railways depots at Visakhapatnam, Raipur, Kharagpur, and Pune would be responsible for maintenance. The assembly and maintenance will be carried out in collaboration with Indian Railways personnel.
The cutting-edge locomotives, which are designed to pull loads of 4,500 metric tonnes at a top speed of 120 kilometres per hour, will be used for freight transport.
“I’m happy that this significant order will assist India in meeting its ambitious objective of building the world’s greatest green rail network, as our locomotives will avoid more than 800 million metric tonnes of CO2 emissions throughout their lifespan,” Siemens CEO Roland Busch stated.