Alstom signed two major contracts in India for a total amount of more than €3.7 billion.
The first contract for the supply of 800 electric locomotives and associated maintenance, following a letter of award received on 9 November 2015, was signed with Indian Railways. Under this contract, Alstom will supply Indian Railways with 800 electric locomotives and associated long-term maintenance. The locomotives belong to Alstom’s Prima range. They will be 9,000 kW at the wheel rim and will run at speeds of up to 120 km/h.
Alstom will invest around €200 million in the project, which will be executed by a recently formed JV in which Alstom and Indian Railways respectively hold a 74% and 26% stake. The scope of the project includes the set-up of a manufacturing plant at Madhepura (Bihar state) where most of the locomotives will be assembled. The delivery of the locomotives will take place between 2018 and 2028. The project also includes the set-up of two maintenance depots at Saharanpur (Uttar Pradesh state) and Nagpur (Maharashtra state).
The second contract, worth over €200 million, was signed with DFCCIL (Dedicated Freight Corridor Corporation of India Ltd.). It concerns the electrification, signalling and telecommunications system for the 343-kilometre-long eastern portion of the Dedicated Freight Corridor, a major government-led project to build eastern and western freight corridors across the country, expected to be completed by 2019. As part of the contract, Alstom will also build the stations and provide the control centre.
“We are pleased to sign today these contracts which will play a crucial role in boosting India’s economy and infrastructure development while supporting the strong growth of Indian Railways. At Alstom, we are committed to addressing the ever-growing market in India by expanding our local footprint and bringing technological expertise and know-how to the country,” said Dominique Pouliquen, Senior Vice President for Alstom Asia Pacific.
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