Ansaldo bags 440 cr contract awarded by Indian Railways

New Delhi, Mar 11 (UNI) Ansaldo Signal, a Finmeccanica company, has secured a Rs 440-crore contract awarded by Indian Railways, the world's second largest, for supplying signalling and telecommunications systems for the 143-km line between Ghaziabad and Kanpur.

Ansaldo Signal will design, manufacture and install an advanced train control and microprocessor based signalling system, that will dramatically improve safety, transit times, capacity and reliability of the line, which is a part of the Delhi-Kolkata route, and is the busiest freight and passenger section on the entire Indian network.

The company will provide signalling and telecommunications to 49 stations on the line, work for which will commence immediately, and is scheduled for completion in July 2009.

Under the contract, the company will also integrate a Fibre Optic Communications backbone and a GSM-R Mobile Communications Sysstem which will link the field equipment and trains with the control centre.

Ansaldo Signal, through its Union&Signal subsidiaries, currently employs around 150 personnel in India. It enjoys a dominant share of the Indian main line railway signalling market, expected to grow at a much faster rate than the global average.

UNI RA SD KN1635