MoneyWorks4Me

Siemens consortium bags order worth Rs 184 crore

06 Aug 2013 Evaluate

Siemens in consortium with Siemens AG and Siemens, China has bagged an order worth Rs 184 crore for a turnkey project from IL&FS Rail, a subsidiary of Infrastructure Leasing and Financial Services. The project involves extension of the Gurgaon Metro line with a new southern line, which is around seven kilometers long. The new line will add six stations in the south-east of Gurgaon.

The Gurgaon metro project is a first of its kind in India; the first phase is close to completion. IL&FS Rail is confident that this project will become a benchmark in the public transportation sector.

The Siemens Group in India has emerged as a leading inventor, innovator and implementer of leading-edge technology enabled solutions operating in the core business segments of Industry, Energy and Healthcare.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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