TRSL begins trainsets production for Namma Metro?s Yellow line project
18 Jun 2024
2 Min Read
CW Team
Titagarh Rail Systems Limited (TRSL), a leading provider of comprehensive mobility solutions, has commenced the production of trainsets under a contract with China Railway Rolling Stock Corporation (CRRC).
The contract, originally between BMRCL and CRRC Nanjing Puzhen Co Ltd and signed in December 2019, faced challenges resulting in delays from the initial deadlines. To mitigate these delays in rolling stock supply, CRRC extended its timeline and subsequently entered into a Memorandum of Understanding (MoU) with Titagarh Rail Systems. Under this MoU, Titagarh will manufacture 34 out of the required 36 trainsets for the Yellow Line project at its advanced facility.
According to the press release, "Only two train sets, comprising twelve coaches in total, will be produced in China."
The Yellow Line, spanning 21 km from RV Road to Bommasandra, is a crucial metro line aimed at enhancing connectivity and easing traffic congestion in Bengaluru. Its completion is expected to significantly improve intra-city mobility.
Titagarh has established a dedicated stainless steel production line at its facility to meet the project's specific requirements. Production commenced on May 18, 2024, with the first train set scheduled for delivery in August 2024.
"The company's ongoing investments in advanced manufacturing technologies and its steadfast commitment to quality and innovation continue to bolster its success and contribution to national infrastructure," the release added.
(Source: ET infra)
Titagarh Rail Systems Limited (TRSL), a leading provider of comprehensive mobility solutions, has commenced the production of trainsets under a contract with China Railway Rolling Stock Corporation (CRRC).
The contract, originally between BMRCL and CRRC Nanjing Puzhen Co Ltd and signed in December 2019, faced challenges resulting in delays from the initial deadlines. To mitigate these delays in rolling stock supply, CRRC extended its timeline and subsequently entered into a Memorandum of Understanding (MoU) with Titagarh Rail Systems. Under this MoU, Titagarh will manufacture 34 out of the required 36 trainsets for the Yellow Line project at its advanced facility.
According to the press release, Only two train sets, comprising twelve coaches in total, will be produced in China.
The Yellow Line, spanning 21 km from RV Road to Bommasandra, is a crucial metro line aimed at enhancing connectivity and easing traffic congestion in Bengaluru. Its completion is expected to significantly improve intra-city mobility.
Titagarh has established a dedicated stainless steel production line at its facility to meet the project's specific requirements. Production commenced on May 18, 2024, with the first train set scheduled for delivery in August 2024.
The company's ongoing investments in advanced manufacturing technologies and its steadfast commitment to quality and innovation continue to bolster its success and contribution to national infrastructure, the release added.
(Source: ET infra)
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
