Siemens consortium to equip India's first High-Speed Rail project with advanced signaling and telecommunication technologies

The consortium led by Dineshchandra R Agrawal Infracon Private Limited, Siemens Limited, and Siemens Mobility GmbH has been awarded a landmark contract by National High Speed Rail Corporation Limited (NHSRCL)-the implementing agency for India's first High-Speed rail project. The order valued at approximately Rs. 4,100 crores, includes Siemens Limited's share of Rs. 1,230 crore for the design, installation, and long-term maintenance of advanced signaling and telecommunications technologies. The project is expected to be executed over a period of 54 months, with Siemens providing 15 years of maintenance services, ensuring lifecycle reliability.

Under the scope, Siemens will implement European Train Control System (ETCS) Level 2-based signaling and train control technologies. The technologies will be designed to support train operations at speeds up to 350 km/h, enabling real-time train supervision, continuous wireless communication, and centralized traffic management.

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, "As a consortium, we are proud to partner with National High Speed Rail Corporation Limited, in the prestigious highspeed rail project. This project reflects our commitment to 'Make in India' and delivering technologies that promote sustainable and future-ready mobility."

ETCS Level 2 is a globally proven signaling standard and is currently operational in over 50 countries.

Shares of Siemens Limited was last trading in BSE at Rs. 3323.20 as compared to the previous close of Rs. 3270.90. The total number of shares traded during the day was 26516 in over 3713 trades.

The stock hit an intraday high of Rs. 3372.50 and intraday low of 3283.90. The net turnover during the day was Rs. 88445324.00.

Source : Equity Bulls

Keywords

Siemens INE003A01024 Consortium HighSpeedRailProject OrderWin