Alstom India to bid for seven rail infra projects worth over €1 bn
RAILWAYS & METRO RAIL

Alstom India to bid for seven rail infra projects worth over €1 bn

Alstom India will bid for as many as seven significant projects worth a combined more than €1 billion by the end of October for rendering infrastructure solutions, signalling, and rolling stock for the metro rail systems in Chennai, Delhi, and Kolkata.

In the following couple of months, they are presenting tenders for almost seven different projects, which involve urban metro projects and parts for Indian Railways.

Managing Director of Alstom India, Alain Spohr, told the media that the Indian arm of the French manufacturing firm, which had an order backlog of approximately €4.1 billion at the end of 31 March 2021, expects to attain €1 billion revenue by FY23, increased from around €650-700 million it expects this financial year.

Presently, Alstom India is associated with metro projects in various cities like Mumbai, Chennai, Kochi, and Lucknow, where it provides rolling stock from its Andhra Pradesh facility. The firm also renders rolling stock for rail projects in Montreal and Sydney.

It is also implementing signalling and power supply systems for a 343 km section of the World Bank-funded Eastern Dedicated Freight Corridor. Alstom’s electric locomotive facility at Madhepura in Bihar, a joint venture with Indian Railways, produces and provides high horse-power locomotives to the public sector enterprise.

Among other things, Alstom India in July commenced producing regional commuter and transit trains for the Delhi-Ghaziabad-Meerut semi-high-speed rail corridor under the RRTS (regional rapid transit system) Phase 1, for which it bagged the deal to design, build, and deliver 210 regional commuter and transit train cars along with comprehensive maintenance services for 15 years in 2020.

Spohr said that India is the fastest-growing market for Alstom, and they are the only multinational supplier in the nation to render a broad portfolio of rail solutions for urban and mainline. The sustainable mobility solutions demand is rising, and this sector is bullish.

Alstom has contributed €438 million in indirect and induced GDP to India’s economy, the firm said, quoting an EY report issued on Wednesday. The firm has helped to generate more than 161,000 direct, indirect, and induced jobs (7,634 direct employees, 71,340 indirect employees, and 27,770 induced jobs) and targets to grow the number of female employees in its workforce to 28% by 2025.

Image Source


Also read: Alstom starts manufacturing trains for Delhi-Meerut RRTS corridor

Also read: Alstom emerges as the only bidder for Delhi Metro signal upgradation

Alstom India will bid for as many as seven significant projects worth a combined more than €1 billion by the end of October for rendering infrastructure solutions, signalling, and rolling stock for the metro rail systems in Chennai, Delhi, and Kolkata. In the following couple of months, they are presenting tenders for almost seven different projects, which involve urban metro projects and parts for Indian Railways. Managing Director of Alstom India, Alain Spohr, told the media that the Indian arm of the French manufacturing firm, which had an order backlog of approximately €4.1 billion at the end of 31 March 2021, expects to attain €1 billion revenue by FY23, increased from around €650-700 million it expects this financial year. Presently, Alstom India is associated with metro projects in various cities like Mumbai, Chennai, Kochi, and Lucknow, where it provides rolling stock from its Andhra Pradesh facility. The firm also renders rolling stock for rail projects in Montreal and Sydney. It is also implementing signalling and power supply systems for a 343 km section of the World Bank-funded Eastern Dedicated Freight Corridor. Alstom’s electric locomotive facility at Madhepura in Bihar, a joint venture with Indian Railways, produces and provides high horse-power locomotives to the public sector enterprise. Among other things, Alstom India in July commenced producing regional commuter and transit trains for the Delhi-Ghaziabad-Meerut semi-high-speed rail corridor under the RRTS (regional rapid transit system) Phase 1, for which it bagged the deal to design, build, and deliver 210 regional commuter and transit train cars along with comprehensive maintenance services for 15 years in 2020. Spohr said that India is the fastest-growing market for Alstom, and they are the only multinational supplier in the nation to render a broad portfolio of rail solutions for urban and mainline. The sustainable mobility solutions demand is rising, and this sector is bullish. Alstom has contributed €438 million in indirect and induced GDP to India’s economy, the firm said, quoting an EY report issued on Wednesday. The firm has helped to generate more than 161,000 direct, indirect, and induced jobs (7,634 direct employees, 71,340 indirect employees, and 27,770 induced jobs) and targets to grow the number of female employees in its workforce to 28% by 2025. Image SourceAlso read: Alstom starts manufacturing trains for Delhi-Meerut RRTS corridor Also read: Alstom emerges as the only bidder for Delhi Metro signal upgradation

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Panel Urges Zone-Wise Freight Plans and Crew Strengthening

A Parliamentary Standing Committee has urged the Railway Ministry to prepare zone-wise plans to enhance freight traffic in regions with limited mineral movement and industrial activity, according to its ninth report tabled in Parliament on 10 August. The Committee commended efforts to augment network capacity through multitracking, operationalisation of Dedicated Freight Corridors (DFC) and modernisation of yards. It noted that the Ministry has said periodic data-driven assessments are carried out with inputs from Zonal Railways, Divisional Railways and Business Development Units to support po..

Next Story
Infrastructure Urban

Coal India Weighs Buying Wealth Minerals Unit For Chile Lithium

Coal India Limited is evaluating a proposal to acquire the Chilean lithium assets held by the Wealth Minerals unit in Canada as part of a strategic move into battery materials. The company is assessing the asset portfolio, regulatory landscape and integration challenges while retaining coal operations as its core business. The potential interest reflects a shift by a state-owned miner towards minerals critical to the low emission transition. Wealth Minerals, a Canada-based exploration company, holds licences and exploration agreements in Chile that involve hard rock and brine lithium prospects..

Next Story
Infrastructure Energy

Bajel Projects Wins Ultra?Mega Transmission Line Contract

Bajel Projects Limited has secured an Ultra?Mega engineering, procurement and construction order for a transmission line package TL05 from PowerGrid Corporation of India Limited on behalf of its special purpose vehicle. The award forms part of the Western Region–Eastern Region inter?regional network expansion scheme Part A procured under the tariff based competitive bidding route. The contract covers construction of a 765 kV double circuit transmission line. The scope includes bypassing of the Raigarh (Tamnar)–Dharamjaygarh (Sec?B) 765 kV double circuit line and reconfiguration to form the..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement