Date Of Post: 09 Apr 2018
New Delhi: Prime Minister Narendra Modi will flag off the India’s first 12,000 HorsePower (HP) electric locomotive from the Madhepura loco factory in Bihar on April 10. The heavy-haulage loco, with a maximum speed of 110 kmph, will help decongest saturated routes by improving the speed & carrying capacity of freight trains.
- On April 10, Modi will also dedicate the Madhepura factory — a high-value FDI joint venture with French rolling stock giant Alstom — to the nation.
- The Rs 20,000 crore project is expected to roll out a total of 800 high horsepower locos over a period of 11 years.
- The total project cost includes Rs 1,300 crore for setting up the factory at Madhepura and 2 loco maintenance depots at Saharanpur (UTtar Pradesh) & Nagpur (Maharashtra), beside building 800 locos.
- The average cost of each locomotive is estimated to be Rs 25 crore.
- The first 5 locomotives will be imported, while the remaining 795 will be manufactured in the country under the “Make in India” programme, according to the contract agreement.
- The rolling out of the first locomotive on April 10 will be followed by four more locos in the current fiscal.
- Around 35 locos will be manufactured at the Madhepura facility in the next fiscal (2019-20) and 60 in 2020-21.
- After that, the factory will every year produce 100 locos till the target of 800 is reached over 11 years.
Image Credit: Alstom India