Rs 200-cr locomotive plant to be set up in Sehore

An Indo-US joint venture firm has announced to set up the first diesel locomotive plant to manufacture environment-friendly and fuel-efficient railway engines at Sherpur village in the adjoining district of Sehore.

The firm will invest over Rs 200 crore for the project. Disclosing it to the media persons the Managing Director of the Daulatram Engineering Services Pvt Ltd CP Sharma said his firm had entered into a partnership with the US-based National Railway Equipment Company (NREC) to star the pioneer project in the state.

According to him, it was the first such example in which a private firm was given the permission in the county to manufacture diesel locomotive.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan and Industries Minister Kailash Vijawrgiya will lay the foundation stone for the ambitious project at Sherpur village on Saturday, Sharma said.

The plant will be set up in a 50 acre land already acquired by the company. “The joint venture has already bagged the order from Indian Railways and Chennai Metro to manufacture two such engines for them. These are currently being manufactured jointly by the company along with Diesel Locomotive Modernisation Works in Patiala,” he said. These two locomotives will be rolled by January next from the Patiala unit, Sharma said.

The next five locomotives will be rolled out from the new facility in next 18 months.

http://daily.bhaskar.com/article/MP-BHO-rs-200-cr-locomotive-plant-to-be-set-up-in-sehore-3975360-NOR.html

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