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General Electric's supply of diesel locos to railways on the right track

This is amid a push by the national transporter for 100% electrification

General Electric's supply of diesel locos to railways on the right track

The deal between global giant General Electric and the railways for the supply of 1,000 diesel locomotives to the latter is now on track.  This is despite the national transporter’s push for 100 per cent electrification. The US major has already handed over 50 locomotives to the railways in 2018, marking a major breakthrough in the deal that was facing some bumps last year. GE was supposed to supply 1,000 fuel-efficient “evolution series locomotives” in 11 years, based on a $2.5 billion contract signed with the railways way back in 2015. However, in ...