IL&FS Rail awards Rs 5.7 bn worth contract

August 12, 2013

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IL&FS Rail (a subsidiary of Infrastructure Leasing and Financial Services) awarded an approximately Rs 574 crore worth of turnkey project to a consortium of Siemens, Siemens AG and Siemens, China.

The consortium secured the contract, which is valued at about 70 million euros. The consortium is responsible for extension of the Gurgaon metro line with a new 7 km southern line. The line will add six stations in south-east Gurgaon.

Of the order, the share of Siemens is about 30 per cent or Rs 184.1 crore. However, the share of Siemens AG and Siemens, China is not known.

Siemens would deliver seven aluminium-bodied metro trains for the new section of the Gurgaon line. The trains are to run on standard-gauge track at a top speed of about 80 km/h.

The modern signalling and train control system that will ensure required service interval of 120 seconds is achieved during rush-hour traffic. This short headway will enable the metro trains to transport more than 30,000 passengers per hour.

The Gurgaon metro project is a first of its kind in India; the first phase is close to completion. The new southern line of the metro rail link from Sikanderpur station to Sector 56, Gurgaon, will bring respite to the numerous people travelling to the various office complexes and residential areas in this area.

Source –http://www.constructionworld.in