CG Power and Industrial Solutions Ltd. has bagged a major order of between Rs. 4 billion and Rs. 4.5 billion for supplying railway products, such as propulsion kits, to Vande Bharat trainsets. The accomplishment is under a long-term supply contract with Kinet Railway Solutions Limited. The contract entails a purchase order of 10 Vande Bharat trainsets, as well as a 35-year maintenance contract. CG Power is a dominant player in electrical engineering solutions and has a robust presence in the railway industry, providing end-to-end products like traction machines, propulsion systems, and signaling systems. This acquisition reflects CG Power's determination to aid India's ambitious rail modernization plans and solidifies its position as a major supplier to the Indian Railways.
Source: Railway Industry News Desk