+
Latur Coach Factory Begins Rollout of New Vande Bharat Sleeper Trains
RAILWAYS & METRO RAIL

Latur Coach Factory Begins Rollout of New Vande Bharat Sleeper Trains

The joint venture (JV) between a Russian rolling stock major and an Indian railway PSU inaugurated the Marathwada Rail Coach Factory in Latur, with plans to produce 1,920 modern sleeper coaches for Vande Bharat trains, equivalent to 120 trainsets. The first trainset is expected to be ready within two years.

The JV, named Kinet Railway Solutions, secured the contract to manufacture and maintain the coaches for 35 years. The project involves upgrading government manufacturing facilities and depots to meet global standards for production and maintenance. Kinet's managing director, Sathyamurthy K, stated that the plant serves not just as a manufacturing facility but as a catalyst for socio-economic development in the region, with over 10,000 people involved in the production chain. Kinet CEO, Alexandra Meluzova, emphasized that the project would generate significant employment opportunities for the area.

The Marathwada Rail Coach Factory covers 351 acres and features 11 advanced assembly stations, along with specialized workshops for various tasks such as car body assembly, testing, painting, and bogie work. The internal tracks extend to 8.6 kilometers. Additionally, the facility is designed with sustainability in mind, housing a solar power plant and a wastewater treatment facility to reduce its carbon footprint. To further support India's renewable energy goals, the site will have over 1,000 trees planted by the end of next year.

The joint venture (JV) between a Russian rolling stock major and an Indian railway PSU inaugurated the Marathwada Rail Coach Factory in Latur, with plans to produce 1,920 modern sleeper coaches for Vande Bharat trains, equivalent to 120 trainsets. The first trainset is expected to be ready within two years. The JV, named Kinet Railway Solutions, secured the contract to manufacture and maintain the coaches for 35 years. The project involves upgrading government manufacturing facilities and depots to meet global standards for production and maintenance. Kinet's managing director, Sathyamurthy K, stated that the plant serves not just as a manufacturing facility but as a catalyst for socio-economic development in the region, with over 10,000 people involved in the production chain. Kinet CEO, Alexandra Meluzova, emphasized that the project would generate significant employment opportunities for the area. The Marathwada Rail Coach Factory covers 351 acres and features 11 advanced assembly stations, along with specialized workshops for various tasks such as car body assembly, testing, painting, and bogie work. The internal tracks extend to 8.6 kilometers. Additionally, the facility is designed with sustainability in mind, housing a solar power plant and a wastewater treatment facility to reduce its carbon footprint. To further support India's renewable energy goals, the site will have over 1,000 trees planted by the end of next year.

Next Story
Infrastructure Urban

ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

Next Story
Infrastructure Urban

Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

Next Story
Infrastructure Urban

Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?