Siemens bags Rs. 579 crore order from Gujarat Metro

Raghav Bisani
/ Categories: Trending, Markets
Siemens bags Rs. 579 crore order from Gujarat Metro

Indian mass-transit operator Metro Link Express for Gandhinagar and Ahmedabad (MEGA) Company has awarded an order of around Rs 579 crore to Siemens India and Siemens AG, Germany. The order is for carrying out electrification of 39.2-kilometre Metro Express in Ahmedabad.

The company will be also responsible for complete electrification of the new double track metro line and SCADA (supervisory control and data acquisition) system for monitoring and controlling the traction power.

The management alluded that the company is also executing electrification projects for six metro cities in India. The company will continue to partner with the government for the metro connectivity.

Siemens is a pioneer in infrastructure and energy solutions, as well as automation and software for industry. The company is also a leader in medical imaging equipment, laboratory diagnostics, and clinical IT. Siemens also provides business-to-business financial solutions, rail automation and wind power solutions.

Rate this article:
4.0

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary26-Apr, 2024

Multibaggers26-Apr, 2024

Bonus and Spilt Shares26-Apr, 2024

Mindshare26-Apr, 2024

Dividend26-Apr, 2024

Knowledge

General26-Apr, 2024

Fundamental21-Apr, 2024

General21-Apr, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR