The formal contract agreement signing ceremony for the two Rs.40,000/- crores High Horse Power HI-TECH best-in-class modern locomotive Joint Venture factory projects (Electric Locomotive Factory at Madhepura and Diesel Locomotive Factory at Marhowra - Bihar) was held recently in New Delhi.

This signifies a giant leap for the nation's biggest ever "Make in India" initiative. While the contract for DLF Marhowra has been awarded to a USA - based Company M/s GE Global Sourcing India Pvt. Limited, the contract for Madhepura ELF has been awarded to a France - based Company M/s Alstom Manufacturing India Limited.  These two factories also mark the flow of FDI in the Railway sector.

DLF Marhowra will manufacture and supply modern diesel electric locomotives of 4500 HP and 6000 HP (which in combination can operate as 9000 HP and 12000 HP multiple units). 

ELF Madhepura will manufacture and supply modern electric locomotives of high horse power namely 12000 HP.  Under the agreement, 1000 diesel locos will be manufactured in a period of 11 years with a basic cost of Rs.14,656 crore and 800 electric locos will be manufactured in a period of 11 years at a basic cost of Rs.19904 crore.

Taking into account the cost of setting up factories and maintenance facilities, these two projects together are worth Rs.40,000/- crore.

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