Pakistan Defence
Government to buy 58 diesel locomotives from American company
July 12, 2013
Reference:
http://www.brecorder.com/market-data/stocks-a-bonds/0/1209869/
Pakistan will import 58 diesel electric locomotives, costing Rs 19.40 billion from an American company under a new deal to improve Pakistan Railways performance, well placed sources told Business Recorder. The government has placed an order with the American company, Caterpillar, to supply 58 locomotives, sources said, adding that the delivery would start in November 2013 and would complete by June 2014.
November to May , 7 Months Railways will have 60 additional engines
Contract was not signed under PML N government but previous government
Ideally we are still waiting for orders for locomotives under PML N government
It would be a great move if additional 50 engines are ordered under PML N league government on urgent basis
July 12, 2013
Reference:
http://www.brecorder.com/market-data/stocks-a-bonds/0/1209869/
Pakistan will import 58 diesel electric locomotives, costing Rs 19.40 billion from an American company under a new deal to improve Pakistan Railways performance, well placed sources told Business Recorder. The government has placed an order with the American company, Caterpillar, to supply 58 locomotives, sources said, adding that the delivery would start in November 2013 and would complete by June 2014.
November to May , 7 Months Railways will have 60 additional engines
Contract was not signed under PML N government but previous government
Ideally we are still waiting for orders for locomotives under PML N government
It would be a great move if additional 50 engines are ordered under PML N league government on urgent basis