 "Consortium of Texmaco, Hitachi & Mitsui wins Rs 1800 cr contract for STP project")
A four-company consortium of Texmaco Rail & Engineering Ltd, Hitachi Ltd, Mitsui & Co Ltd and Hitachi India Pvt Ltd has won a contract for the design and construction of railroad signal and telecom works - STP5 project, a part of the dedicated freight corridor traversing India's biggest industrial cluster between Delhi and Mumbai from the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL).
The sector covered by the contract, which is worth a total of approximately Yen 28 billion (about Rs 1800 crore), will cover the 915 km distance between Rewari in Haryana and Vadodara in Gujarat. This is the biggest order placed in India for Japanese signalling equipment.
For the project, Hitachi Japan, as consortium leader, will manufacture key equipment for the signalling system, Mitsui will provide overall coordination with DFCCIL and related agencies in Japan and India. Hitachi India and Texmaco will supply domestic equipment and Texmaco will also carry out the installation.
The sector covered by the contract, which is worth a total of approximately Yen 28 billion (about Rs 1800 crore), will cover the 915 km distance between Rewari in Haryana and Vadodara in Gujarat. This is the biggest order placed in India for Japanese signalling equipment.
For the project, Hitachi Japan, as consortium leader, will manufacture key equipment for the signalling system, Mitsui will provide overall coordination with DFCCIL and related agencies in Japan and India. Hitachi India and Texmaco will supply domestic equipment and Texmaco will also carry out the installation.