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Titagarh Firema bags order worth Rs 2,380 cr

Friday, 21 Jan 2022
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Titagarh Firema (TFA), a subsidiary of Titagarh Wagons, has signed the framework agreement for design, manufacture, supply and ten years of maintenance of 38 trainsets of Metro for Lazio Regione, Italy.

The total value of the framework agreement is EUR 282 million, equivalent to Rs 2,380 crore approximately. The framework agreement foreseen the design of new trains for the Roma-Lido di Ostia and Roma Viterbo railway network.

The contract requires three different trainset configuration such as the six cars metro for the Roma Lido di Ostia line and the four cars either metro and commuter for the Roma Viterbo line.

The new trainset will be compliant with the latest norms for safety and they offer modern design and improved comfort to the passengers. The new trains will be easily accessible to all the passengers and include two areas for passengers with reduced mobility (PRM) close to each driver cab.

The order book of TFA stands at approximately EUR 520 million (Rs 4,420 crore) as of date.
 
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