Business Standard

Sunday, January 05, 2025 | 05:10 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

General Electric's supply of diesel locos to railways on the right track

This is amid a push by the national transporter for 100% electrification

The logo of General Electric Co. Photo: Reuters
Premium

The logo of General Electric Co. Photo: Reuters

Shine Jacob New Delhi
The deal between global giant General Electric and the railways for the supply of 1,000 diesel locomotives to the latter is now on track. 

This is despite the national transporter’s push for 100 per cent electrification. The US major has already handed over 50 locomotives to the railways in 2018, marking a major breakthrough in the deal that was facing some bumps last year.

GE was supposed to supply 1,000 fuel-efficient “evolution series locomotives” in 11 years, based on a $2.5 billion contract signed with the railways way back in 2015. However, in 2017 the move by the railways to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in