Bombardier Wins 427 Million Euro Contract to Supply 340 MOVIA Metro
Cars to Delhi Metro
Bombardier Vehicles Will be Moving Over 4 Million Passengers Daily in Delhi Metro's Extended Network
Bombardier is One of the First Private Companies Chosen to Build Complete Rail Vehicles in India
BERLIN, GERMANY--(Marketwire - July 19, 2007) - Bombardier Transportation announced today that it has won an order for 340 BOMBARDIER(i) MOVIA(i) metro cars from the Delhi Metro Rail Corporation Ltd (DMRC). The contract is valued at approximately 427 million Euros ($ 590 million US). Deliveries of the trains are scheduled to begin in the last quarter of 2008 with completion in 2010 to provide effective public transport during the Commonwealth Games that will be held in New Delhi in October 2010.
In the phase II expansion of Delhi Metro, the modern BOMBARDIER MOVIA high-capacity vehicles will transport an impressive 4 million passengers every day, reducing their journey time and alleviating the heavy traffic congestion and pollution caused by more than 1 million cars that commute in New Delhi everyday. The phase II expansion extends the existing network by approximately 60 kilometers covering all major destinations in the East-West and North-South corridors of this remarkable city where almost 16 million people presently live.
"Some of the greatest cities in the world, such as New York, Paris, London, Berlin, and Shanghai, have chosen Bombardier metros to provide modern mobility for their citizens while reducing traffic congestion and helping their cities breathe" said Andre Navarri, President, Bombardier Transportation. "We are very excited to be able to add the city of New Delhi as a new metro customer", Mr. Navarri added. "We've been an employer in India for over 35 years and we hope that this project will set the standard for other mass transit projects that we intend to pursue in New Delhi, Mumbai, Hyderabad, Bangalore, Kochi and Chandigarh and throughout India."
Rajeev Jyoti, Managing Director, Bombardier Transportation India, said: "We are very proud to be one of the first private companies to have been chosen to build rail vehicles in India. Bombardier manufacturing and engineering sites in India, supported by our sites in Germany and Sweden, will deliver the new vehicles to Delhi Metro on time and with quality, meriting the trust that the public authorities in India have placed in us."
The BOMBARDIER MOVIA metro vehicles are configured in 4 car sets with capacity for 1.480 passengers. The vehicles integrate the world's most advanced technologies in metro vehicle manufacture, such as stainless steel carbodies and the reliable BOMBARDIER(i) MITRAC(i) Propulsion and control system featuring IP technology. The MOVIA metros are developed from a standardized platform, which ensures a high degree of reliability, safety & maintainability while providing low life-cycle cost. This contract envisages a design approach that enables a high degree of localization and easy transfer of technology processes.
To ensure successful localization, the carbodies, bogies and propulsion system for the first units will be manufactured by Bombardier sites in Germany and Sweden. Thereafter, the main production will be undertaken by Bombardier in India. The propulsion system for 60 four-car units will be produced by Bombardier's site in Baroda; 77 four-car units will be manufactured by other Bombardier sites in India. Key elements of the complete design will be undertaken at Bombardier's Indian engineering centre, Infotech, in Hyderabad in cooperation with Bombardier's site in Sweden.
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Useful market and company background facts and contact details follow.
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Background facts and figures
Bombardier Metro vehicles
Bombardier is the number one supplier of metro vehicles worldwide. More than 1,400 BOMBARDIER MOVIA metro cars have already been ordered from the company to date. Bombardier metros are vital elements for mobility in cities like New York, Montreal, Toronto, Paris, London, Berlin, Bucharest, Stockholm, Shanghai, Shenzhen, Guangzhou and many others.
In Asia, Bombardier metro cars are in service with operators in Shanghai, Guangzhou, Shenzhen and Hong Kong. In Shanghai, Bombardier has participated in the supply of 16 metro trains (96 cars) for Line 1 and 37 trains (222 cars) for Line 2 of the city's metro system. In June 2006, Bombardier celebrated the delivery of its 1,000th metro car to customers in Guangzhou Province.
Bombardier Transportation in India
Bombardier Transportation has been present in India for over 35 years. It has supplied Indian Railways with technologically advanced rail products, such as the WAP5 and WAG9 electric locomotives for passenger and freight applications and the Mumbai Traffic Management System. This system controls the 60-km rail stretch around Mumbai - one of the world's heaviest rail commuter traffics - on which the Western Railways run on time and with safety an impressive number of 1,000 trains everyday.
Bombardier Transportation is steadily ramping up its presence in India. Vadodara, Gujarat is home to its propulsion systems manufacturing facility and software development center for signalling and traction applications in India and for other Bombardier Transportation projects around the globe. The site is ISO 9001, ISO 14001 and OHSAS 18001 certified. In Hyderabad, Andhra Pradesh, Infotech Enterprises operates one of the most important engineering centers already sourcing key global projects for Bombardier Transportation.
Potential manufacturing and project associations in India
Bombardier is open to an association with Indian Railways under a Public Private Partnership approach to create a manufacturing facility to produce Bombardier locomotives in India, related to Indian Railways rail freight corridors project.
In the Mass Transit sector Bombardier is developing associations with companies in India.
About Bombardier Transportation
Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.
Bombardier, MOVIA and MITRAC are trademarks of Bombardier or its subsidiaries.
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