Hitachi Rail Wins Bid To Run Automatic Metro Train Operations: CMRL

A consortium led by Rail has emerged winner for the largest signalling tender worth Rs 1,620 crore that would enable automatic train operations, the Rail Ltd said on Tuesday.

The ultra-modern communication-based train control system would allow rail to take up automatic train operation without the need for a driver.

Rail STS SPA and Rail STS India Pvt Ltd has been awarded the bid for the 'design, manufacture, supply, installation, testing and commissioning of signalling, train control and video management system', Rail said in a statement.

"This is the largest signalling tender being executed", CMRL said.

This is the phase two project of the agency valued at Rs 1,620 crore and the system would incorporate the metro rail technology currently being used around the world.

For safe transport of passengers, the system would undergo intensive testing on various safety parameters and it would be certified by an independent safety assessment team for highest level of safety as per the international standards.

Under the new system, the trains would be able to operate at a minimum gap of 90 seconds. The facility would integrate the functions of the automatic train movements in the depot, working of platform screen doors, functioning of passenger information and display systems among others.

The system provides real-time monitoring and control from a centralised facility, it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more