India has receieved its first High Horsepower Locomotive with the bodyshell of 12000 HP loco from Alstom France at Kolkata port. This first-of-its-kind high-power electric locomotive will be used to haul freight trains at twice the existing speed by 2018.
This is the first major FDI (Foreign Direct Investment) project in the rail sector. The first such locomotive is estimated to cost about Rs 30 crore. The Indian Railways is currently using 6,000HP locomotives for freight services. The locomotive will run at a speed of up to 120 km/h.
Important Takeaways from Above News-
- Shri Piyush Goyal is the Present Railway Minister of India.
Source- The Economic Times