Alstom India

Smart mobility company has to deliver 36 trainsets, each comprising three cars

On Wednesday, Alstom said it was still studying the feasibility and potential size of a share sale

Alstom India on Thursday said it has awarded a grant of Rs 1.5 crore to 10 startups that developed solutions in clean energy, shared mobility and multi-modal solutions as a part of its Sustainability Incubation Programme. Accelerated by NSRCEL-IIMB (NS Raghavan Centre for Entrepreneurial Learning), the selected startups will be able to use the grant funds to develop and deploy their solutions, the company said in a statement. The statement said an expert jury, including innovation leaders from Alstom, screened over 200 applications and selected 20 startups for the incubation programme. Of these, 10 startups have been selected for grant support. MetroRide, Evoride Motors Private Limited, Epick Bikes, The Energy Company, and Tadpole Projects are among the 10 startups for the grant support.

Delhi Metro Rail Corporation on Friday signed a contract with a manufacturing company to procure 312 coaches for its Phase-IV priority corridors, officials said. The three priority corridors are Majlis Park to Maujpur, Janakpuri West to RK Ashram Marg and Tughlakabad to Delhi Aerocity. "The Delhi Metro Rail Corporation (DMRC) today (Friday) took a major step towards operationalising its Phase-IV corridors for passenger operations by signing the contract for procuring 312 metro coaches (52 trains) for Phase IV's priority corridors," the DMRC said in a statement. Work on the Phase IV corridor began in December 2019 with a groundbreaking ceremony but construction was hit following the outbreak of COVID-19 in March 2020. "Small sections of both Line 7 (Pink) and Line 8 (Magenta), which are being built as part of Phase-IV priority corridors, would probably be operational in a year's time from now or by March 2023," then DMRC chief Mangu Singh had told PTI on March 31. On Friday, the DM

Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.

Will make 26 metro trains with three coaches each for a 26-kmn corridor connect Poonamallee Bypass and Light House

Manufactured by French company, Alstom, these Coradia iLint trains only emit steam and condensed water and have a range of up to 1,000 km with a maximum speed of 140 kmph

With the inauguration of this facility, we are looking forward to becoming a leading supplier of components across Alstom's sites globally, says MD Spohr

Eyes EUR 1 billion revenue from India next year

Under the Andhra Pradesh government's Skill AP initiative, this programme will upskill 30 diploma holders from across the state and make them industry-ready

The MD of Alstom India and South Asia talks about the role of dedicated freight corridors and the planned private train project in an exclusive interview

The company complains that restrictions by JICA as part of tied loans is affecting its business opportunities

Alstom's overall contract with Mumbai Metro Rail Corporation is valued at Euro 452 million. It would be running on a 33.5-kilometre in total length of Aqua Line.

Under the contract with Indian Railways, the first five locomotives were to be imported, while the remaining 795 were to be manufactured as part of the 'Make in India' initiative

Currently, Alstom is executing metro-railway projects in cities including Chennai, Kochi and Lucknow