Moneycontrol PRO
HomeNewsBusinessCompaniesSiemens, RVNL consortium secures contract to electrify Mumbai Metro Line 2B

Siemens, RVNL consortium secures contract to electrify Mumbai Metro Line 2B

Siemens said its share as part of the consortium is Rs 228 crore and RVNL’s share is Rs 149 crore.

July 27, 2023 / 21:13 IST
Gunjan Vakharia, Head of Mobility Business, Siemens Limited, said the Mumbai Metro Line 2B project will be instrumental in improving the city's transportation infrastructure. (Representative Image)
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Siemens Limited announced on July 27 that as part of a consortium along with Rail Vikas Nigam Limited (RVNL), it has secured an order from Mumbai Metropolitan Region Development Authority (MMRDA) for electrification of Mumbai Metro's Line 2B.

    The technology company said its share as part of the consortium is Rs 228 crore while RVNL’s share is Rs 149 crore.

    For the project, Siemens will manufacture, install and commission rail electrification solutions and Supervisory Control and Data Acquisition (SCADA) systems, covering 20 stations and one depot, and RVNL will be commissioning Receiving Substations (RSS) solutions, the press release stated.

    Gunjan Vakharia, Head of Mobility Business, Siemens Limited, said the Mumbai Metro Line 2B project will be instrumental in improving the city's transportation infrastructure. The implementation of a mass transit solution is essential for growth of cities like Mumbai, he added.

    Vakharia said, “The development of Mumbai Metro Line 2B project will play a key role in enhancing transportation infrastructure in the city. Mass transit solution is crucial for sustainable development of cities like Mumbai which will address the needs of both passengers and rail operators."

    Moneycontrol News
    first published: Jul 27, 2023 09:13 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347