Alstom wins contract for Delhi Metro

7th June 2007, Comments 0 comments

NEW DELHI, June 6, 2007 (AFP) - France's Alstom Transport announced Wednesday it had won a contract to supply operations systems for the Indian capital's metro rail network worth 63.8 million dollars (45.5 million euros).

NEW DELHI, June 6, 2007 (AFP) - France's Alstom Transport announced Wednesday it had won a contract to supply operations systems for the Indian capital's metro rail network worth 63.8 million dollars (45.5 million euros).

Alstom, which builds the high-speed TGV train, will supply the Delhi Metro Rail Corporation with a train control and signalling system covering 37 kilometres (23 miles) in the sprawling city of 14 million.

The metro system in New Delhi has become a showpiece for the emerging economic superpower with a 65-kilometre first phase finished nearly three years ahead of schedule in 2005, well within its 2.3 billion-dollar budget and without scandal.

Officials want the entire eight-line project, with 225 stations and 245 kilometres of track, finished by 2021.

The metro is separate from the sprawling national rail service.

"In the next five years the transport sector of India is expected to witness a total investment of 62 billion euro (84 billion dollars)," Philippe Mellier, president of Alstom Transport, said in a statement.

"We are very excited with this dynamic and potential market scenario and are keen to participate in this growth effort."

India's state-owned railway has around 1.6 million employees -- making it the world's biggest civilian employer -- and runs thousands of trains daily.

But the 150-year-old network, which transports more than 15 million people daily in the country of 1.1 billion people, has been notorious for antiquated equipment, financial losses, delays and red tape.

The railway reports about 300 accidents a year, many deadly, and is also the target of terror attacks.


Copyright AFP

Subject: French news

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