Siemens bags manufacturing, maintenance contract from Indian Railways
About 1,200 high horse power (9000 HP) electric locomotives will be manufactured over a period of 11 years, while the maintenance period will be 35 years.
NEW DELHI: Indian Railways has issued a Letter of Award (LoA) for manufacturing and maintenance of 9000 HP electric freight locomotives to Siemens, India. The estimated value of the order is ₹26,000 crore (around $ 3.2 billion), excluding taxes and price variation.
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