Siemens Mobility awarded a €3 billion project in India – largest locomotive order incompany history.
· Siemens Mobility to deliver 1,200 electric
locomotives and provide 35 years of full-service maintenance
· Single largest locomotive order in the history of
Siemens Mobility and single largest order in the history of Siemens India
· Siemens Mobility strengthens its position in
important growth market: India is a lead country in the railway industry with
an almost fully electrified rail network
Siemens Mobility has received an order for 1,200 locomotives of 9,000 horsepower (HP) from Indian Railways, marking the single largest locomotive order in the history of Siemens Mobility and single largest order in the history of Siemens India. Siemens Mobility will design, manufacture, commission and test the locomotives. Deliveries are planned over an eleven-year period, and the contract includes 35 years of full-service maintenance. The locomotives will be assembled in the Indian Railways factory in Dahod, in the state of Gujarat, India. Maintenance will be performed in four Indian Railways depots located in Vishakhapatnam, Raipur, Kharagpur and Pune. Locomotive assembly and maintenance will be implemented together with the staff of Indian Railways. The contract has a total value of approximately €3 billion, excluding taxes and price variation.
Wabtec Corporation (NYSE: WAB) announced today a large brake system order from the Mobility Business of Siemens India Private Limited for the prestigious 9000HP locomotive project for Indian Railways.
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