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Global majors vie for rail project

Global majors, including GE, Alstom, Bombardier and Siemens, are among firms short-listed for implementing Railways Minister Mamata Banerjee's pet project of setting up an electric locomotive assembly and ancillary unit at Dankuni under the public private partnership mode. Srinand Jha reports.

Updated on: Sep 02, 2010 09:14 PM IST
Hindustan Times | By , New Delhi
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Global majors, including GE, Alstom, Bombardier and Siemens, are among firms short-listed for implementing Railways Minister Mamata Banerjee's pet project of setting up an electric locomotive assembly and ancillary unit at Dankuni under the public private partnership (PPP) mode.

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HT Image

Contracts will be awarded this year and factory construction will begin early next year, Amit Mitra, chairman of the Railways expert committee on innovative financing told Hindustan Times.

Construction work began last month at a diesel loco component factory at Dankuni.

Big ticket projects, including the electric loco and diesel loco factories at Madhepura and Marhoura respectively, besides the rail coach factory at Kanchrapara in West Bengal, have also shown progress.

Early this month, eight bidders were short-listed for implementing the Kanchrapara project — which has the Railways as a 26 per cent equity partner. The short-listed firms include Alstom, Hyundai Rotem, Hitachi, Siemens and Stadler.

Bid documents for the setting up of the electric loco factory at Madhepura have been issued and final contracts are scheduled to be shortly awarded.

 
ABOUT THE AUTHOR
Srinand Jha

Srinand Jha covers the Ministry of Railways and writes on politics in the Hindi heartland. Also interested in media and social/cultural issues.

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