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Diesel Locomotive Works to supply locomotives to Bangladesh at Rs 150cr
TNN |
Diesel Locomotive Works to supply locomotives to Bangladesh at Rs 150cr - The Times of India
Aug 28, 2012, 05.55AM IST
VARANASI: The Diesel Locomotive Works (DLW) has bagged a repeat export order for supply of 16 Broad Gauge locomotives to Bangladesh Railways at an approximate cost of Rs 150 crore.
According to the DLW spokesperson, these locomotives will be of 3100 HP and will be supplied during 2013-14. This is an addition to the existing order of 10 BG locomotives to be supplied this year. The supply will be made through RITES, a public sector under Ministry of Railways, which is the nominated agency for dealing with export orders to Bangladesh.
A back to back agreement between the RITES and DLW for the 16 locomotives was signed in the first week of August. In terms of the agreement, RITES have to pay 30% of the order value in advance. A high level RITES team headed by director technical, Sumit Sinha visited DLW on Monday to hand over the advance payment as well as discuss various technical, commercial and delivery related issues with the DLW authorities. Sinha handed over the cheque of Rs 44.98 crore towards the advance payment to general manager of DLW, BP Khare.
In addition to the 26 locomotives to be supplied to Bangladesh, the DLW is also executing an order for supply of six BG locomotives to Sri Lanka at a cost of Rs 50 crore. These locomotives will be of 2300 HP and will be delivered to Sri Lanka in the current year.
This order is being coordinated through IRCON, another PSU under Ministry of Railways. Till 2011-12, the DLW has exported a total of 105 locomotives to 11 countries.
The total order value for supply of various types of locomotives to non-railway customers (Indian as well as foreign customers) by DLW during 2012-13 is expected to cross Rs 400 crore, which is the highest ever.
TNN |
Diesel Locomotive Works to supply locomotives to Bangladesh at Rs 150cr - The Times of India
Aug 28, 2012, 05.55AM IST
VARANASI: The Diesel Locomotive Works (DLW) has bagged a repeat export order for supply of 16 Broad Gauge locomotives to Bangladesh Railways at an approximate cost of Rs 150 crore.
According to the DLW spokesperson, these locomotives will be of 3100 HP and will be supplied during 2013-14. This is an addition to the existing order of 10 BG locomotives to be supplied this year. The supply will be made through RITES, a public sector under Ministry of Railways, which is the nominated agency for dealing with export orders to Bangladesh.
A back to back agreement between the RITES and DLW for the 16 locomotives was signed in the first week of August. In terms of the agreement, RITES have to pay 30% of the order value in advance. A high level RITES team headed by director technical, Sumit Sinha visited DLW on Monday to hand over the advance payment as well as discuss various technical, commercial and delivery related issues with the DLW authorities. Sinha handed over the cheque of Rs 44.98 crore towards the advance payment to general manager of DLW, BP Khare.
In addition to the 26 locomotives to be supplied to Bangladesh, the DLW is also executing an order for supply of six BG locomotives to Sri Lanka at a cost of Rs 50 crore. These locomotives will be of 2300 HP and will be delivered to Sri Lanka in the current year.
This order is being coordinated through IRCON, another PSU under Ministry of Railways. Till 2011-12, the DLW has exported a total of 105 locomotives to 11 countries.
The total order value for supply of various types of locomotives to non-railway customers (Indian as well as foreign customers) by DLW during 2012-13 is expected to cross Rs 400 crore, which is the highest ever.
