India, March 11 -- CG Power and Industrial Solutions Ltd announced on Tuesday that it has received an order worth RS 450 crore for the supply of railway products for Vande Bharat trainsets.
In addition to this purchase order, the agreement includes a separate 35-year service contract as part of a long-term partnership, the company stated.
As per a BSE filing, CG Power has entered into a long-term supply agreement with Kinet Railway Solutions Limited for the supply and servicing of railway components, including propulsion kits with motors, transformers, and other essential equipment.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....