Siemens’ Mobility Division has won three orders worth approximately Rs 450 crore from Varanasi-based Diesel Locomotive Works of Indian Railways for locomotive equipment. The company will supply and supervise the installation and commissioning of Three-phase Propulsion Systems for Diesel Electric Locomotives - AC-AC traction systems (including Locomotive Controller) and Three-phase Traction Motors.
The locally manufactured equipment has a proven track record of providing long-term cost efficiency and availability. Diesel Locomotives Works is a production unit of Indian Railways located at Varanasi and manufactures around 300 diesel electric locomotives every year.
Siemens has been reliable partner of the Indian Railways for over 60 years and has been providing various solutions for safe and efficient rail transportation from its well established factories and extensive service network across the country.
Siemens is the flagship listed company of Siemens AG in India and is a major player in the electronics and electrical engineering business. Germany’s Siemens AG holds a 75 per cent stake in the company.
