A consortium of Siemens Limited and Rail Vikas Nigam Limited (RVNL) has won a contract worth Rs 394 crore from Bangalore Metro Rail Corporation Ltd (BMRC) for the electrification of Phase 2A and 2B of the Bangalore Metro. The project includes engineering, supply, erection, testing, and commissioning of 33 KV distribution,...
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750V DC third rail traction electrification, traction substations, auxiliary substations, and a SCADA system. The project is expected to be completed within 130 weeks. Additionally, RVNL has also secured a separate contract worth Rs 138 crore from Central Railway for OHE modification work in the Amla-Nagpur section. This project involves upgrading the existing 1 x 25 kV electric traction system to a 2 x 25 kV AT feeding system to meet a 3000 MT loading target. The completion timeframe for this project is 24 months. The stock prices of both Siemens and RVNL experienced a marginal decline on June 10, 2023, following the announcement of these contracts.