The Indian Railways will start tendering 8,000 km of rail lines for electrification every year, starting the next financial year, to complete the network electrification target in the next five years.
In an interview to CNBC-TV18, Anil Gupta, CMD of KEI Industries said that it's a big opportunity from cable manufacturing standpoint because we are a leading cable manufacturer.
He further said that it's an opportunity for turnkey execution of railway electrification projects especially overhead lines and also traction substations associated with electrification.
According to him, there are only five-six major players in railway turnkey project.
Talking about order book, he said the current book is around Rs 2,500 crore.
"At the moment only Indian companies can bid in this," he added.
Watch accompanying video for more details.
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