New Delhi, Nov 1 (UNI) Bombardier Transportation, the world's leading transport solution provider, announced today that its Chinese joint venture, Bombardier Sifang Power Transportation Ltd (BSP), had bagged a major order for 40 high-speed trains from the Chinese Railway Ministry.
The order is valued at approximately one billion euros (1.5 billion US dollars) with Bombardier's share valued at 413 million euros (596 million dollars).
First deliveries of the new trains are scheduled for February 2009. Delivery of the final train is expected in August 2010.
For Bombardier, headquartered in Berlin, it is the largest single order for rail passenger cars placed at one time in the Chinese rail history.
BSP is a joint venture between Bombardier Transportation, Power Corporation of Canada and China South Locomotive and Rolling Stock Industry (Group) Corporation.
The new electric-multiple-unit (EMU) trains will be capable of speeds up to 250 km per hour. Twenty of the EMU trains will be specially designed for overnight service and fitted with sleeping berth interiors.
These trains, featuring the world's first EMU sleepers cars, will be developed utilising core elements of the company's very high-speed products.
The new 16-car trains (at an overall length of 430 m) represent a sophisticated mix of new modular concepts and proven technology in a unique application.
The high-speed sleepers will offer overnight travellers an advanced level of comfort, convenience and trip-time efficiency in a region where long-distance train trips are common.
The remaining 20 EMU trains will be upgraded, 16-car versions of successful eight-car trains now being delivered to the MOR as part of orders placed in May 2005 and October 2004.
Bombardier Transportation President Andre Navarri said the contract further strengthens the company's presence in the high-speed rail market and underscores its leadership in China.
''It is always good news to sign a contract of this magnitude,'' he said, ''but especially when the order is based on a customer's prior positive experience with our products and trust in our technology leadership.
All Chinese Bombardier high-speed trains are manufactued at its joint venture in Qingdao with very high levels of contribution from the local rail industry and its expertise.
''Bombardier offers one of the broadest product portfolios in the world and that is apparent in the spread of contracts we have for high-speed trains, locomotives, commuter trains, automated transit systems, metro cars and signalling systems,'' Mr Navarri said.
Earlier this year, the company had bagged a number projects from the Chinese Railway Ministry, including signalling system for high-speed rail line between Wuhan and Guangzhou; Automated People Mover System for the City of Guangzhou, and 192 metro cars for Shanghai Metro Line.