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The Budget also proposes to extend the time limit for re-import of goods for repairs under warranty from three to five years
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The French MNC is bullish about India, its third-largest market that has reported an ‘exceptional growth’. Loison tells Moneycontrol how a PLI scheme could boost the manufacturing ecosystem of railway ancillary products and also act as a force multiplier for the ‘Make in India’ initiative.
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While Alstom India had agreed to lower their bid price from the initial Rs 150.9 crore quoted in May 2023, the Indian Railways and the company failed to arrive at a final price point.
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The Bengaluru Metro Phase 2, Reach 6, 2A, and 2B contract is valued at 96.2 million euros and includes personnel training and annual maintenance for five years.
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For the convenience of the residents of Meerut, three stations on this line will provide connectivity to India’s first Regional Rapid Transit System (RRTS), connecting Delhi and Meerut.
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The project is valued at 124 million euros, which also includes training of the personnel to Chennai Metro for operation and maintenance
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However, orders for new electric freight locomotives and Vande Bharat trains and the commissioning of 66.27% and 57.3% of the planned eastern and western dedicated freight corridors, respectively, are positives
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AI-powered cameras monitor track conditions, alerting operators to abnormalities and preventing derailments
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While the increasing speed of locomotives on the Western and Eastern DFCs has helped lower cargo movement time, a lot still needs to be done to reach the average speed goals of 75 km/hour, he said.
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The Bhopal-Indore Metro trainsets are being fully-indigenously manufactured, under the Centre's Make in India campaign, at Alstom's state-of-the-art rolling stock manufacturing facility at Gujarat's Savli.
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Alstom has a large engineering team in Bengaluru to design trains and part of the trains will be made in Gujarat, he said.
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The locomotives are part of a massive order of 800 WAG-12B engines signed by the Indian Railways and Alstom in 2018 valued at Rs 40,000 crore, spread over 10 years.
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Work on the Phase IV corridor began in December 2019 with a groundbreaking ceremony but construction was hit following the outbreak of COVID-19 in March 2020.
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The order worth 312 million euro includes design and manufacturing of 234 standard gauge metro cars for Line 7 extension (Pink Line 12.558 km) on the Mukundpur - Maujpur corridor and, the Line 8 extension (Magenta Line 28.92 km) for the Janakpuri West - RK Ashram corridor, a company statement said.
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Scope of the contract includes manufacturing of 26 metro trains (three-car configuration) that can operate at top speed of 80 kmph, as well as training of personnel.
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These new metro cars will operate on the 26 km corridor, a part of Phase-II, between Poonamallee Bypass and Light House through 28 (18 elevated and 10 underground) stations.
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The order has been awarded by Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) to deliver 156 Movia metro cars with 15 years of comprehensive maintenance for the Bhopal and Indore metro projects, according to a statement.
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Alstom is also making freight locomotives for the Indian Railways, setting up rail tracks and supplying components.
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Designed and built to move passengers at 180 kmph, these trains are expected to reduce the travel time between Delhi and Meerut by 40 percent.
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MMRDA says two metro lines to start operations soon. Alstom said that cancelling the coach order for Mumbai Metro 4 will not have an impact on its ongoing and future projects.
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The contract includes designing, manufacturing, supply, testing and commissioning of 234 metro cars, besides training of personnel, the company said in a release.
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The French firm Alstom won the contract worth €3.5 billion to supply 800 fully electric super-powered double-section locomotives of 12,000 HP for Indian Railways.
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Planned to be deployed for operations on major freight routes of the railways, including the dedicated freight corridors (DFCs), they are expected to increase the average speed of freight trains in the country by at least 20-25 kmph, the company said.
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Quebec pension giant Caisse de dépôt et placement, which owns a 32.5% stake in Bombardier's train unit, has agreed to sell its stake to Alstom and buy a minority stake in the combined train company, the report added.
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It is Alstom's largest third-rail electrification contract in India, the comany said. Phase II encompasses extension of Bangalore Metro's existing North-South and East-West corridors, translating to a substantial increase in the reach of the metro and reduction of road congestion.
