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Construction : Web Exclusive | August 2014 | Source : Construction Update

Railways likely to issue financial bids for locomotive factory in Bihar

Indian Railways plant to set up diesel locomotive factory at Marhowra in the state of Bihar. US based companies GE and EMD have been shortlisted for this project. EMD is acquired by Caterpillar's arm, Progress Rail Services in 2010. It is likely that the Railways would call in for the financial bids. The selected bidder will have to manufacture and supply 700 units of 4,500 horse power diesel electric locomotives and 300 units of 6,000 horse power diesel electric locomotives over a period of 11-years. It is estimated that the deal could generate business worth Rs 18000 crore to Rs 24,000 crore over the next few years.
 
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