Business
Siemens bags Rs.450 crore deal from railways
Mumbai, Feb 9
Engineering company Siemens Ltd
Monday said it has bagged orders worth Rs.450 crore from Varanasi-based
Diesel Locomotive Works (DLW) for supply of propulsion and control
equipment.
"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," the company said a
statement.
The company will supply and supervise the installation
and commissioning of three-phase propulsion systems and traction motors
for DLW.
DLW is a production unit of Indian Railways in Varanasi and annually manufactures around 300 diesel electric locomotives.
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