The Indian Railways (IR) has called off negotiations with a Japanese consortium for the acquisition and indigenous manufacture of Next-Gen locos of 9,000 horsepower under what had been proposed as a Transfer of Technology (ToT) agreement.
Replacing the ageing fleet of the ABB locos of the Indian inventory, the Japanese locos would have enabled the doubling of freight train speeds from the existing 25 kilometres per hour to 50 km/h.
These locos had been proposed to be used on the Western Dedicated Freight Corridor, being constructed with a loan funded by the Japan International Cooperation Agency (JICA). The loan terms stipulate that 30 per cent of all procurements (systems and rolling stock) should be sourced from Japanese companies.
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