Biggest FDI in Indian Railways to produce E- Locomotives
What has happened ?
Indian Railways recently completed 5 years of awarding the contract to Alstom company for manufacturing of high-speed electric locomotives.
With the largest FDI project in the Indian Railways sector . India has now become the sixth country that can produce these high speed locomotives .
WHAT WAS THE CONTRACT?
Alstom in 2015 won the contract worth €3.5 billion (Rs.25,000 crore) from Indian Railways
“The project will provide
The first WAG 12B e-loco which was used for commercial services in May 2020. The locomotive made its first commercial run between Deen Dayal Upadhyaya Station to Shivpur.
WHERE IT WILL BE DEPLOYED?
These high-speed locomotives are planned to be deployed for operations on major freight routes, including the Dedicated Freight Corridors (DFCs), These e-locos are transforming the heavy freight transportation landscape of India.
MANUFACTURING UNIT
A mutual contract formed between the Indian Railways, (26% equity) and Alstom (74% equity)
CONCLUSION
As we
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