German conglomerate Siemens Ltd has announced it has won a Rs 98 crore order from Diesel Locomotive Works (DLW) to supply and install 48 Alternating Current (AC) Traction systems for Indian Railways. The AC Traction systems will be produced at the Nashik factory of Siemens Limited, the company said in a statement.
Siemens was also awarded orders worth Rs 166 crore for supply of propulsion sets for freight locomotives and Rs 55 crore for supply of propulsion sets for passenger locomotives.
“The project showcases Siemens’ partnership with the Indian Railways as it combines innovation with responsibility to bring together the combined expertise of its teams, that is committed to deliver reliable, safe and efficient technologies,” said Tilak Raj Seth, Executive Vice-President, Siemens Ltd and CEO, Mobility Division in India.
He added that the company has been able to secure orders for propulsion sets on the strength of its digitalisation portfolio. “Siemens has been able to deliver these added values to the customer based on the strength of its engineering capability and looks to further enhance and unearth value proposition for its customers through digitalisation,” Seth added.