Two Chinese firms, CSR Corporation and CNR Corporation, have bid for setting up two locomotive factories - electric and diesel - in Bihar, India.
The factories will be developed to supply about 1,800 locomotives to the Railways over 11 years. These two tenders are valued at about Rs 35,000 crore over a 10-11 year period.
For the proposed electric locomotive factory to be set up at Madhepura, Bihar, apart from the two Chinese firms, bidders include American firm GE Global, and European firms Bombardier, Siemens and Alstom. Similarly, for the diesel locomotive factory in Marhowra, Bihar, bidders include American firms GE, EMD, apart from CSR and CNR.