Railway hastens Rs.25,000-cr electric locomotive

    electric locomotive
    Indian Railways is all set to roll out first-of-its-kind high-power electric locomotive shortly, to haul freight trains at twice the existing speed. The public transporter is looking to manufacture 800 such train engines over the next 11 years in a joint venture with French giant Alstom, at the Madhepura locomotive factory in Bihar entailing an investment of Rs.25,000 crore. This is also the first major FDI (Foreign Direct Investment) project in the rail sector, said official sources, adding that the first such locomotive, estimated to cost about Rs.30 crore will be assembled with components brought in from Alstom’s factories in France and will have its trial run by February next year. The 12,000HP (horsepower) locomotives will help in speeding up movement of goods by increasing the average speed of freight trains from 25-50kmph.
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