Business Standard
Thursday, May 31, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Railways shortlist bidders for West Bengal projects
Sharmistha Mukherjee / New Delhi Sep 04, 2010, 01:36 IST

Siemens, GE, Bombardier and Alstom, all leading makers of rail rolling stock, have made it to the final race for setting up a locomotive manufacturing unit at Dankuni in West Bengal.

Additionally, Siemens, Alstom, Rotem CAF and Bombardier have been shortlisted by the railways ministry for developing a facility to manufacture Electric Multiple Units (EMUs) and metro coaches at Kanchchrapara in West Bengal, said a person close to the development.

The project at Dankuni, to come up at a cost of Rs110 crore, entails the supply of bodies to equip 800 locomotives to be assembled at the Chittaranjan Locomotive Works, West Bengal. The ministry has allocated Rs25 crore in Rail Budget 2010-11 for developing the facility.

The unit at Kanchchrapara, proposed as a joint venture with Indian Railways (IR), would roll out 5,000 units of EMUs, MEMUs and metro coaches over 10 years. A senior executive in one of the companies said he expected both projects to be awarded by the end of the year.

IR would invest Rs760 crore towards developing the facility at Kanchchrapara and the private company awarded the contract would contribute another Rs100 crore. The ministry has allocated Rs20 crore for the unit at Kanchchrapara in the budget this year. The remaining Rs740 crore is yet to be arranged.

Both projects were announced by Railway Minister Mamata Banerjee in the Rail Budget she presented in July 2009.

GE, Siemens, Alstom and Bombardier were also shortlisted recently for setting up a Rs1,960-crore electric locomotive manufacturing unit at Madhepura in Bihar.

The decisions come on the back of criticism the ministry is facing for delays in award of projects to be developed for meeting IR’s rolling stock requirements. The ministry had initially planned to develop locomotive manufacturing units at Marhouwra and Madhepura, a coach factory at Rae Bareilly and a wheel manufacturing facility at Chhapra by 2012. The total cost of building these has been estimated at over Rs8,400 crore.

However, in the first four years of the 2007-12 plan period, the ministry has managed to allocate less than 20 per cent of the projected cost, at around Rs1,600 crore. Ministry sources indicate due to paucity of resources it may not be possible to meet the 2012 deadline.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Tata Motors skids as margins dip at JLR
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Rupee-sensitive stocks risky for new investors
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us