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ABB India bags Rs 115 crore order from Indian Railways

17 Oct 2018 Evaluate

ABB India has won an order of about Rs 115 crore from Indian Railways (Diesel Locomotive works, Varanasi) to supply traction transformers. These transformers are customized for the WAP-7 type electric locomotive. The 6000 horsepower capacity locomotive is capable of hauling 24 coaches at speeds of up to 140 kilometers per hour.

The project is part of the 'Mission Electrification' initiative of the Indian Railways, which aims to convert an additional 24,000 kilometers of railways network from fuel oil to electrification. The mission also aims to enhance energy efficiency by adopting high quality equipment and facilitating the increased adoption of renewable energy in railway operations.

ABB India is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.

ABB India Share Price

7155.70 125.75 (1.79%)
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Company Name CMP
Havells India 1300.30
Siemens 3709.60
Apar Inds 11977.10
ABB India 7155.70
Waaree Energies 3487.20
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