Alstom secures €107 million contract for locomotives in India
pre-market1 source ↓written by the desknot a recommendation
- maintenance contract
- €107 million
- in partnership
- 250 WAG-12B electric freight locomotives
Alstom has won a €107 million maintenance contract for 250 WAG-12B electric freight locomotives in partnership with Indian Railways. The five-year agreement covers comprehensive maintenance services at the Nagpur depot, enhancing operational efficiency in the Indian rail sector. This follows a successful previous contract, establishing the depot as a benchmark for collaboration.
• Contract value: €107 million
• Duration: 5 years
• Locomotives maintained: 250
• Depot location: Nagpur
This deal is expected to strengthen Alstom's position in the Indian market.
Not investment advice. For informational purposes only.