Railways approves acceptance of GE’s modern locomotives under $2.5 bn deal


Railways approves acceptance of GE’s modern locomotives under $2.5 bn deal

GE Transportation today announced Indian Railways has confirmed its acceptance of GE’s 4,500 Horsepower diesel-electric Evolution Series prototype locomotives. This follows the completion of rigorous testing of the locos on Indian Railways’ tracks following their handover in February this year.

“This is a major step towards fulfilling our contract with Indian Railways. Together we will help modernize Indian Railways’ fleet, significantly upgrade India’s rail infrastructure and provide critical support for India’s growing economy,” said Nalin Jain, President and Chief Executive Officer (CEO)-Asia Pacific of GE Transportation.

The locomotives are part of a $2.5 billion agreement signed in 2015 in support of the government’s Make in India program. The deal included an order for 1,000 locomotives and the establishment of a new GE Transportation factory and maintenance sheds in India. Read More

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