Siemens bags $3.2-bn order for 1,200 freight locomotives

27 Dec 2022 CW Team

Indian Railways has issued a Letter of Award (LoA) for manufacturing and maintenance of about 1,200 electric freight locomotives in the 9000 HP category to Siemens India. The estimated value of the order is Rs 260 billion (around $ 3.2 billion), excluding taxes and price variation.

The high horse power (9000 HP) electric locomotives will be manufactured over a period of 11 years, while the maintenance period will be 35 years. An agreement will be signed with Siemens India within 30 days of the issue of LoA, with prototype locomotives to be delivered in the coming two years.

Siemens, selected as technological partner, will manufacture these locomotives at the Dahod locomotive factory in Gujarat and maintain them at four depots at Vishakhapatnam, Raipur, Kharagpur, Pune, according to an official statement.

Suitable economic drivers will ensure complete indigenisation of the manufacturing, which in turn will lead to development of ancillary manufacturing units. The project will also lead to development in the Dahod region and generate employment.

These high horse power locomotives will be the future workhorses for freight operations of Indian Railways. These locomotives are planned for use primarily on the western dedicated freight corridor and on graded sections of railways for hauling container freight trains in double stack configuration of 4,500 tonnes at 75 kmph at 1-in-200 gradient, and improve the average speed of such trains to around 50-60 kmph over the existing 20-25 kmph.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..