Texmaco to sign joint bidding deal with Bombardier

Texmaco to sign joint bidding deal with Bombardier

Mumbai: Texmaco Ltd said on Tuesday its board agreed to enter into a joint bidding agreement with Bombardier Transportation India Ltd to bid for the manufacture and supply of electric locomotives to Indian Railways.

The consortium with Bombardier Transportation, a wholly-owned subsidiary of Bombardier Inc, will bid for the manufacture and supply of 800 electric locomotives over a period of 11 years for the ministry of railways, Texmaco said in a statement to the BSE.

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