MANU/PIBU/1518/2015
Department/Board : Press Information Bureau
Date : 09.11.2015
Indian
Railways Issues Letter of Award for Setting Up of Diesel Locomotive Factory at Marhowra, Saran District, Bihar to USA-Based Company M/S GE Global Sourcing India Pvt. Limited
The Mantra of Decentralization, Deregulation and Delegation of Powers to the Cutting Edge Functionaries Initiated by Minister of Railways Shri Suresh Prabhakar Prabhu in a Big way Helped Expedite the Awarding of this Milestone L.O.A.
The Move Signifies a Giant Leap Forward In 'Make In India' Drive
A Joint Venture Company between Ministry of Railways and M/S GE Global Sourcing India Pvt. Limited to be Created to Construct and Run the Factory
The Factory to Manufacture and Supply Modern Diesel Electric Locomotives of 4500 HP and 6000 HP to Indian Railways. these Locos in Combination can Operate as 9000 HP and 12000 HP Multiple Units
1000 Locos to be Manufactured in a Period of Ten Years
The Basic Cost of 1000 Freight Locos will be About Rs. 14,656 crores.
These Modern Powerful Locos will be Useful for Growing Heavy Haul Freight Operations and will also Support the Mega Freight Operations for the Upcoming Dedicted Freight Corridors
This Factory to Lead to Employment and the Development of Ancillaries and Support Industry in the Economically Less Developed Neighboring Region
This Project will Usher in New Technologies into the Indian Industry at Large Through High Paced Indigenization within first two to three Years of Commencing Production.
Indian Railways have taken a giant leap forward in 'Make in India' drive by issuing the Letter of Award for setting up of Diesel Locomotive Factory (DLF) at Marhowra, Saran district, Bihar and procurement and maintenance of mainline Diesel Electric Locomotives to M/s GE Global Sourcing India Pvt. Limited today i.e. on 9th November, 2015.
Although the tenders do not come to the Railway Minister, the mantra of decentralization, deregulation and delegation of powers to the cutting edge functionaries initiated by Minister of Railways Shri Suresh Prabhakar Prabhu in a big way helped expedite the awarding........