Siemens-led consortium wins Rs 4,100 crore contract for bullet train signalling, telecom work
Siemens Ltd
on Tuesday announced that a consortium led by
Dineshchandra R Agrawal Infracon
Pvt Ltd, along with Siemens Ltd and Siemens Mobility GmbH, has secured a ₹4,100 crore contract from the National High Speed Rail Corporation Limited (NHSRCL) for India's first bullet train project.
Shares of Siemens Ltd are trading at ₹3,352.00, up ₹80.50 or 2.46% today.
The contract includes Siemens Ltd's share of ₹1,230 crore for the design, installation, and long-term maintenance of advanced signalling and telecommunication systems for the
Mumbai-Ahmedabad High-Speed Rail corridor
. The project will be executed over 54 months, with Siemens providing maintenance support for 15 years to ensure lifecycle reliability, as per an exchange filing.
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Under the agreement, Siemens will implement European Train Control System (ETCS) Level 2-based signalling and train control technologies. These systems are designed to support train operations at speeds up to 350 km/h and will facilitate real-time train supervision, continuous wireless communication, and centralised traffic management.
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Sunil Mathur, Managing Director and Chief Executive Officer of Siemens Ltd, said, 'As a consortium, we are proud to partner with National High Speed Rail Corporation Limited in the prestigious high-speed rail project. This project reflects our commitment to 'Make in India' and delivering technologies that promote sustainable and future-ready mobility.'
The Mumbai-Ahmedabad bullet train corridor is a key component of the National Rail Plan 2030, which aims to modernise India's railway infrastructure and boost high-speed connectivity. ETCS Level 2 is an internationally accepted signalling standard and is operational in more than 50 countries.
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