Siemens bags orders worth Rs 450 crore

Company will supply and supervise the installation and commissioning of three-phase propulsion systems

Press Trust of India New Delhi
Last Updated : Feb 09 2015 | 1:48 PM IST
Engineering major Siemens Ltd has bagged orders worth Rs 450 crore from Varanasi-based Diesel Locomotive Works.

"The mobility division of Siemens Ltd has won three orders worth approximately Rs 450 crore from... Diesel Locomotive Works of Indian Railways for locomotive equipment," Siemens said a statement.

The company further said that it will supply and supervise the installation and commissioning of three-phase propulsion systems for Diesel Electric Locomotives and three-phase traction motors.

Diesel Locomotives Works is a production unit of Indian Railways located at Varanasi and manufactures around 300 diesel electric locomotives every year.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 09 2015 | 12:40 PM IST

Next Story