Investment opportunity stems from efforts of making rolling stock safer, faster and more efficient. The thrust on electrification is expected to give a spurt to electric locomotives, bringing down the fuel bill significantly, even as increasing investment in higher horse power locomotives will support longer rakes.
Tag: Alstom
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Traction Ahead!
The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).
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Fast Forwarding the Lifeline
It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.
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India to accelerate $ 200 billion smart cities projects
When the 60 winning cities (with proposals worth over Rs 1.31 lakh crore) become smart, it is expected to positively impact the lives of 72 crore urban population. While Rs 1.05 lakh crore will be spent on area-based development plans, Rs 26,141 crore will be spent on pan-city solutions in the next five years.
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ABB wins order to supply 1600 transformers to Indian Railways
ABB has won an order from Alstom to supply 1600 traction transformers for 800 new electric freight locomotives in India.
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The market is already quite big but not as big as it should be
This is all about connectivity and a country needs to have infrastructure in roads, railways, energy, power plants and being able to provide the necessary infrastructure that is needed, in the case of India, to achieve a good degree of success with the Make in India campaign.
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Paving the way for ĆĀ“smartĆĀ“ infrastructure
Smart Cities Council (SCC) India will launch India Readiness Guide, with over 100 case studies in September. Prime Minister Narendra ModiĆĀ“s dream project of smart cities has started taking shape and it has achieved a milestone in terms of the Union Cabinet
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LMRC underground work to begin by Dec
The construction of LucknoĆĀ“s first ever underground Metro corridor from Charbagh to K D Singh Babu Stadium will begin from December this year, said E Sreedharan, Principal Advisor to LMRC (Lucknow Metro Rail Corporation).
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Smart Cities Council India to launch Readiness guide on Smart Cities
In order to help the urban planners to carry forward the Smart Cities initiative, the Smart Cities Council India will launch Smart City Readiness Guide for India with 100 case studies in September 2015, it would be a vendor neutral framework for smart cities.
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Alstom bags 65 mn euro contracts from DMRC
Alstom has been awarded two contracts worth over 65 million euro (over Rs 465 crore) from Delhi Metro Rail Corporation to supply signalling, telecom and electrification solutions for the new Kochi Metro line.