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Hyundai Rotem wins $239 mln order to provide 70 diesel-electric locomotives for Bangladesh

Discussion in 'Bangladesh Defence Forum' started by Black_cats, Oct 11, 2018.

  1. Black_cats

    Black_cats FULL MEMBER

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    Hyundai Rotem wins $239 mln order to provide diesel-electric locomotives for Bangladesh
    Lim Chang-won Reporter(cwlim34@ajunews.com) | Posted : October 11, 2018, 10:18 | Updated : October 11, 2018, 10:18
    http://www.ajudaily.com/view/20181011101125557
    [​IMG]
    [Courtesy of Hyundai Rotem]


    SEOUL -- Hyundai Rotem, a train-making subsidiary of South Korea's Hyundai auto group, has clinched a $239 million order to provide 70 diesel-electric locomotives for Bangladesh Railway, the state-owned rail transport agency which operates the country's entire railway network.

    Hyundai Rotem said Thursday in a statement that 70 diesel-electric locomotives would be delivered by 2023. The order came five months after the company won a 41 billion won ($36 million) order in May to build 10 diesel-electric locomotives for Bangladesh Railway.

    Hyundai Rotem's locomotives with a top speed of 110 km per hour will be designed to operate freely on narrow and broad gauge railroads. With its new deal, the company has become a key contractor in Bangladesh's railway project.


     
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  2. Black_cats

    Black_cats FULL MEMBER

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    Govt to purchase 70 S Korea locomotives
    UNB . Dhaka | Update: 18:33, Oct 10, 2018

    https://en.prothomalo.com/bangladesh/news/184746/Govt-to-purchase-70-S-Korea-locomotives

    [​IMG]The government on Thursday signed an agreement to purchase 70 locomotives involving Tk 19.8653 billion from South Korea.

    The Bangladesh Railway signed the deal with Hyundai Rotem Company of South Korea at Rail Bhaban in presence of railways minister Mujibul Haque, said a press release.

    Kwang-Kwun-Yoon, director of Hyundai Rotem Company, and Abdul MatinChowdhury, project director, signed the agreement on behalf of their respective sides.

    Following the deal, the concerned company will supply all the engines by next 18 to 60 months.

    Terming the deal an important one the minister said Bangladesh is now facing engine crisis as the lifespan of 71 per cent engines has been expired. After getting new engines, it will be possible to increase the number of trains on different routes which will help to earn more revenues from the railway sector.

    At present, there are 178 metre-gauge locomotives in Bangladesh Railway. Among them, the economic lifespan of 139 locomotives has been already expired.

    So, it is needed to replace the locomotives with new one as soon as possible, said MujibulHaque.
     
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