Wed, Mar 29, 2017 | updated 03:14 AM IST

Siemens announces order deal worth Rs. 319 crore from Diesel Locomotive Works

Updated: Jan 13, 2017 15:57 IST
New Delhi [India], Jan 13 (ANI): Siemens Ltd. on Friday announced receiving of an order worth Rs. 98 crore from Diesel Locomotive Works (DLW) to design, supply and install 48 Alternating Current (AC) Traction systems for Dual Cab High Horsepower Diesel Engine locomotive for Indian Railways.

The AC Traction systems will be produced at Nashik Factory of Siemens Limited. The systems have been developed based on the state of art Insulated Gate Bipolar Transistors (IGBTs) technologies.

The principle benefit of IGBTs over Gate Turn-off thyristors (GTOs) is that it reduces the current required and therefore the heat generated, giving smaller and lighter units.

In addition, Siemens was also awarded orders worth Rs. 166 crore for supply of propulsion sets for Freight Locomotives and Rs. 55 crore for supply of propulsion sets for Passenger Locomotives.

These propulsion systems consist of basic AC-AC propulsion system along with added components such as APU, REMLOT and DPCS. Components such as REMLOT and DPCS capture the locomotive information in digital manner and provide additional value to the customer such as remote monitoring of locomotive, control of two locomotives from one loco cab and preventive maintenance.

APU reduces the fuel losses during locomotive idling periods and brings energy efficiency to Railway Operation.

"The advent of IGBTs has yielded strong efficiency gains in electric drive technology. The project showcases Siemens' partnership with the Indian Railways as it combines innovation with responsibility to bring together the combined expertise of its teams, that is committed to deliver reliable, safe and efficient technologies," said executive vice-president Siemens and CEO mobility division in lead country India, Tilak Raj Seth.

"We have been able to secure orders for Propulsion Sets on the strength of our digitalization portfolio. Siemens has been able to deliver these added values to the customer based on the strength of its engineering capability and looks to further enhance and unearth value proposition for its customers through digitalization," added Raj Seth.(ANI)

New Delhi [India], Mar. 28 (ANI): The Economic Affairs Secretary, Shaktikanta Das on Tuesday set the gross market borrowing for the first six months at Rs 3.71 lakh crore or 64per cent of the full year's target of Rs 5.8 lakh crore.

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Idea launches 4G services in Jammu

Updated: Mar 28, 2017 17:22 IST

New Delhi [India], Mar 28 (ANI): Telecom operator Idea Cellular on Tuesday announced its operations of world class 4G services in Jammu and Kashmir circle.

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New Delhi [India], Mar. 28 (ANI-NewsVoir): Pachouli - a leading health, fitness and beauty brand joined hands with India Designer Society to partner for one of its kind fashion reality show "India Kids Fashion Fest."

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New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.

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New Delhi [India], Mar 28 (ANI): Capillary Technologies, the leader in cloud-based OmniChannel Engagement and Commerce solutions has partnered with Exclusífe to provide comprehensive CRM solutions to retailers of all sizes in India.

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New Delhi [India], Mar 28 (ANI): Largest telecommunications services provider Bharti Airtel Limited on Tuesday announced the successful completion of the secondary sale of over 190 million shares of its subsidiary Bharti Infratel Limited (Bharti Infratel) representing 10.3 percent, to a consortium of funds advised by KKR and Canada Pension Plan Investment Board for a total consideration of over Rs. 6,193.9 crore (approx. USD 951.6 million), executed at a price of Rs. 325 per share.

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New Delhi [India], Mar 28 (ANI): Housing.com has launched a unified platform for real estate developers and partners to manage their business, 'Housing Partner'.

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New Delhi [India], Mar 28 (ANI): India's largest Income Tax returns e-filing and enterprise compliance service provider ClearTax on Tuesday launched its GST e-learning kit to educate the business community and make over 2.5 lakh CAs and Tax Return Preparers GST-ready and help them serve over 1 crore businesses.

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New Delhi [India], Mar 28 (ANI): Digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis, Rooter on Tuesday announced raising of an undisclosed amount of funds from Intex, one of India's fastest growing consumer electronic goods and accessories manufacturer.

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New Delhi [India], Mar 28 (ANI-NewsVoir): As per a National Book Trust NCAER survey in 2009, there were 83 million Indians (13-35 age group) reading books for leisure in 2009. Reading in Hindi, Marathi, Bengali and English primarily, 46 percent of the respondents chose "knowledge enhancement" as a reason for reading books.

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New Delhi [India], Mar 27 (ANI): Leading financial marketplace Wishfin on Monday announced developments in the company's management team with key new hires to support its expansion.

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New Delhi [India], Mar 27 (ANI): The 33rd Edition of India Carpet Expo, Organized by Carpet Export Promotion Council at Pragati Maidan, New Delhi was inaugurated today with lamp lighting by Minister of Textile, Smriti Irani in the august presence of Ajay Tamta, Minister of State for Textiles and Virender Singh, Member of Parliament, Bhadohi.

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New Delhi [India], Mar 27 (ANI): India's top mobile balance management service app True Balance has introduced a welcomed addition of 'One-click Recharge' feature to facilitate easy phone bill payments through its platform.

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New Delhi [India], Mar 27 (ANI): Unveiled at the Milan Men's Fashion Week 2017, the Ducati Diavel Diesel is now available on special order at Ducati dealerships across the country. One of the most successful Ducati models in India, the Diavel has now donned an exquisite avatar, as a result of a creative collaboration between the Ducati Design Center and Andrea Rosso, Diesel Licensing Creative Director.

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New Delhi [India], Mar 27 (ANI): India's leading online recruitment marketplace Aasaanjobs on Monday announced the launch of its unique search and filter feature for job seekers on its platform.

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New Delhi [India], Mar 27 (ANI-NewsVoir): The fast moving consumer goods (FMCG) segment is the fourth largest sector in the Indian economy.

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