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railways: Hitachi ABB Power Grids bags Rs 160 cr order to supply transformers to Indian Railways


Synopsis
Indian Railways manages the fourth-largest rail network in the world by size. It is aiming to create a future-ready railway system, bringing down logistics costs for industry and supporting the Make-in-India initiative, it said.
PTI
Technology major Hitachi ABB Power Grids in India has bagged order worth Rs 160 crore to supply transformers to Indian Railways.
Hitachi ABB Power Grids in India (listed on the stock exchanges as ABB Power Products and Systems India Ltd) has won orders worth Rs 160 crore from the Government of India s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), and the Central Organization for Rail Electrification (CORE), to power electric freight locomotives for the Indian Railways, a company statement said. ....

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