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Siemens secures orders worth Rs 319 crore

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Capital Market
Last Updated : Jan 13 2017 | 7:13 PM IST

From Diesel Locomotive Works

Siemens has won an order worth approximately Rs. 98 crore from Diesel Locomotive Works (DLW) to design, supply and install 48 Alternating Current (AC) Traction systems for Dual Cab High Horsepower Diesel Engine locomotive for Indian Railways. The AC Traction systems will be produced at Nashik Factory of Siemens.

In addition, 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.

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First Published: Jan 13 2017 | 6:46 PM IST

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