top of page
Search

DSK legal to assist India’s Ministry of Railways in an INR 26,000 crore project for maintenance of



The Indian Railways Board, Ministry of Railways has moved towards initiating a project worth INR 26,000 crores ($3.25 billion) for the supply and maintenance of its electric locomotive fleet, which will be executed by the global engineering and technology firm Siemens in collaboration with the Indian Railways. In this case, DSK Legal has advised and Assisted the Indian Railways on the Project to assist with the bidding process, drafting, finalizing, and legal vetting of the bid documents for manufacturing cum maintenance agreement to evaluate the risk assessment, negotiation, and contract finalization along with the execution of the agreement.


Siemens has signed a long-term agreement with the Ministry of Railways, Government of India for ‘Manufacturing and Supplying 1200 Electric Locomotives of 9000 hp over a period of 11 years of rolling stock workshop at Dahod, Gujarat.

 
 

Follow Global Lawyers Association for more news and updated from International Legal Industry.

 

0 comments
bottom of page