L&T Metro Rail (Hyderabad) Limited (LTMRHL), which is developing Hyderabad Metro Rail, has selected Hyundai Rotem to supply the project’s rolling stock.
The letter of awarding the contract was signed between, V B Gadgil, chief executive and managing director of LTMRHL and Hyung-Wook Kim, director of Rail Business, Asia, CIS and Oceania, Hyundai Rotem Company, Seoul, South Korea.
Under the deal, Hyndai Rotem will supply 171 cars (57 trains) worth around $335 million.
Speaking on the development, V B Gadgil said: “It is an important day for the Hyderabad Metro Rail Project and for LTMRHL. The much awaited rolling stock order has been awarded to Hyundai Rotem Company after examining various rolling stock manufactures, operating in metros in India and abroad.”
The rolling stock will be delivered nine months prior to the commissioning of each stage of construction of the elevated metro rail project.
The project seeks to develop a 72-km rail network along three dense corridors in Hyderabad, all by the end of 2015.
The metro train will have light-weight stainless steel or aluminium-bodied three-car formations, with a trailer car between two motored driving cars.
With a maximum operating speed of 80km per hour and an average speed of 33km per hour, the three-coach metro can carry 965 people.
Other companies who were eyeing the contract were Canada’s Bombardier, Spain’s CAF and China’s CSR including the Hyundai-BEML.
LTMRHL is a subsidiary of L&T IDPL, promoted by L&T Group, a global engineering, construction conglomerate which is executing the $4 billion metro rail project in the city. The first phase is expected to be completed by 2013.
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