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BHEL inks technology collaboration agreement with Kawasaki Heavy Industries

29 Jun 2017 Evaluate

Aimed at expanding its footprint in the Urban Transportation Sector as part of its diversification initiatives, Bharat Heavy Electricals (BHEL) has entered into a technology collaboration agreement with Kawasaki Heavy Industries (KHI), Japan for the manufacture of stainless steel coaches and bogies for metros. The agreement covers establishing state-of-the-art design, engineering and manufacturing facilities at BHEL India, using Japanese technology. Significantly, it will also entitle BHEL for all technology advances and upgrades as well. BHEL has been a reliable partner in the growth of Indian Railways for over 50 years by supplying electric as well as diesel locomotives, EMUs, and propulsion system sets and drives for the same. Notably, Kolkata Metro, the first Metro in India, is equipped with BHEL made propulsion system.

KHI is a leading manufacturer of heavy equipment/products and its Rolling Stock Company has supplied EMU (Metro/Commuter) trainsets to various countries like USA, Singapore, Taiwan, Hong Kong etc, besides Japan. KHI is also the manufacturer and supplier of the Shinkansen High Speed Bullet Trains, proposed to be introduced in India on the Mumbai-Ahmedabad High Speed Rail Corridor.

Peers
Company Name CMP
Bharat Heavy Elect. 434.00
Thermax 3550.45
Kirloskar Industries 3695.90
Skipper 565.95
INDO-MIM 1057.85
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