Indian Railways To Be Supplied With Hitachi ABB Transformers As Part Of $23 Million Order
by Swarajya Staff - Mar 12, 2021 11:06 AM
Indian Railways (Representative Image) (Pic Via PTI)
As part of the ongoing modernization of the Indian Railways, Hitachi ABB Power Grids in India has won orders worth about $23 million (around Rs 167 crore) to power electric freight locomotives.
Hitachi Power Grids in India, won the orders from the Government of Indiaâs electric locomotive manufacturer Chittaranjan Locomotive Works (CLW) and the Central Organization for Rail Electrification (CORE).
For CLW, Hitachi ABB Power Grids will deliver traction transformers for one of Indian Railwaysâ most successful class of locomotives, the WAG 9, which was developed in response to strong growth in the rail freight transportation sector; for CORE, it will supply trackside transformers, the company said in a statement.
Hitachi ABB Power Grids wins INR 160 crore order to supply transformers to Indian Railways equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Hitachi ABB Power Grids bags Rs 160 crore order from Railways ANI | Updated: Mar 10, 2021 14:00 IST
For CLW, Hitachi ABB Power Grids will deliver traction transformers for one of Railways successful class of locomotives the WAG 9 which was developed in response to strong growth in the rail freight transportation sector. For CORE, it will supply trackside transformers.
The Railways manages 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. These orders advance our vision of playing a pivotal role in rail electrification in India and enabling improvements in rail safety, capacity and speed, said N Venu, CEO and Managing Director of Hitachi ABB Power Grids in India.
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.