Siemens Secures Rs 766 Crore Order for Bengaluru Metro Phase 2 Electrification
By Rediff Money Desk, Bengaluru Jul 10, 2024 15:40
Siemens Limited, part of a consortium, has secured an order worth Rs 766 crore for electrification of Bengaluru Metro Phase 2 project, contributing to sustainable public transport.
Bengaluru, Jul 10 (PTI) Siemens Limited, as part of a consortium along with Rail Vikas Nigam Limited, has secured an order worth Rs 766 crore from Bangalore Metro Rail Corporation Limited for electrification of Bengaluru Metro Phase 2 project contributing to sustainable public transport in the city, officials said on Wednesday.
Siemens Limited's share as part of the consortium is approximately Rs 558 crore, they said.
In a statement, Siemens Limited said it will design, engineer, install and commission rail electrification technologies as well as a digital solution comprising Supervisory Control and Data Acquisition (SCADA) systems.
The project covers 30 stations spanning over 58 km connecting Bengaluru Airport terminal to Central Silk Board via KR Puram and two depots. With this order, Siemens is present in 11 out of 20 cities that have a Metro in India, it stated.
"The implementation of Phase 2 will significantly contribute to sustainable urban development in Bengaluru, catering to the requirements of commuters and Metro rail authorities," Gunjan Vakharia, Head of Mobility Business, Siemens Limited said.
Siemens Limited's share as part of the consortium is approximately Rs 558 crore, they said.
In a statement, Siemens Limited said it will design, engineer, install and commission rail electrification technologies as well as a digital solution comprising Supervisory Control and Data Acquisition (SCADA) systems.
The project covers 30 stations spanning over 58 km connecting Bengaluru Airport terminal to Central Silk Board via KR Puram and two depots. With this order, Siemens is present in 11 out of 20 cities that have a Metro in India, it stated.
"The implementation of Phase 2 will significantly contribute to sustainable urban development in Bengaluru, catering to the requirements of commuters and Metro rail authorities," Gunjan Vakharia, Head of Mobility Business, Siemens Limited said.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.74 ( -0.13)
- 62904847
- Vodafone Idea L
- 7.74 ( -0.13)
- 62904847
- Vodafone Idea L
- 7.74 ( -0.13)
- 62904847
- Srestha Finvest
- 0.70 ( -4.11)
- 22071431
- Srestha Finvest
- 0.70 ( -4.11)
- 22071431
MORE NEWS
DGFT Updates Export Policy for All Products -...
DGFT has updated the export policy for all products, specifying detailed conditions for...
Himadri Speciality Chemical Profit Jumps 31% to...
Himadri Speciality Chemical reported a 31.55% increase in net profit to Rs 141.94 crore...
Bullion Rates Today: Gold, Silver Prices in...
Get the latest bullion rates in Bengaluru. Check today's gold and silver prices per...