Mumbai: Well-known firm Alstom, a French MNC will be supplying 31 trains for the Mumbai Metro Rail Corporation Limited. They will be making 248 metro cars at their manufacturing unit in Sri City located on the outskirts of Chennai.
These trains will be used for Mumbai Metro Line 3. The French MNC has bagged a contract worth around 315 million euros (Rs 2633.63 crores). This contract is the biggest order for rolling stock contract for Alstom in Indian operation.
Alstom manufacturing unit is based some 73 km from Chennai. Alstom’s engineering unit in Bangalore will be designing and developing the metro cars.
In a press release by the company, the official shared that they envisage design, delivery, and commissioning of 31 lightweight and fully furnished modern passenger train sets of eight cars each.
The 33.5-km-long underground stretch of Mumbai Metro Line 3 will connect the congested and biggest regions in Mumbai. The Line 3 will be linking Cuffe Parade business district at the south end of the city with the SEEPZ in the north-central with 26 underground and one street-level metro station.
The highlight feature of Line 3 is that it will be the first underground metro station of Mumbai.
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Besides, this will also be the biggest underground and continuous metro stretch of India.
The currently, Alstom is manufacturing around 42 trains. This is for the 45km phase-1 of Chennai Metro Rail (CMRL) at its Sri City manufacturing unit. The plant was inaugurated in 2012 when the company received the order for making trains for CMRL.
The French MNC will also be manufacturing additional 10 trains for the 9km phase-1 extension. This is for the upcoming station starting from Washermenpet and Wimco Nagar. With the new order of 31 trains, the company is poised to capture the metro rail manufacturing market in the country. Given the high-speed development, Alstom can expect further growth.
In the above line which says “315 million euros (Rs 26.49 crores)”, what is the exchange rate considered?