Siemens group bags Rs.574 crore order from Gurgaon Metro

A consortium comprising Siemens, Siemens AG and Siemens, China, has won a turnkey project of the Gurgaon Metro worth 70 million euros (Rs.574 crore) from IL&FS Rail Ltd, Siemens said Tuesday.

Siemens will supply rolling stock, electrification signalling systems and depot workshop equipment, a company statement said. It is also responsible for the complete system integration including interface management of the rail sub-systems.

"The Gurgaon Metro project is a first of its kind in India; the first phase is close to completion. We are confident that this project will become a benchmark in the public transportation sector," said Sanjiv Rai, CEO of IL&FS Rail Ltd, a subsidiary of Infrastructure Leasing and Financial Services (IL&FS).

The order value is about Rs.574 crore, of which the share of Siemens Ltd is Rs.184.1 crore or about 30 percent. The company did not provide the share of the other consortium partners citing currency fluctuations.

The project involves extension of the Gurgaon Metro line with a new 7 km southern line. The Gurgaon Metro South line will add six stations in southeast Gurgaon.

"The new southern line of the Metro rail link from Sikanderpur station to Sector 56, will bring respite to the numerous people travelling to the various office complexes and residential areas in this area," Siemens said.

For the new section of the Gurgaon line, Siemens is delivering seven aluminium-bodied metro trains. The trains are to run on standard-gauge track at a top speed of about 80 km per hour and will handle more than 30,000 passengers per hour.

Approximately 7,600 commuters per hour are expected to travel the route in a single direction.