ABB Secures $42 Million India Train Equipment Order
February 19 2019 - 4:08AM
Dow Jones News
By Nathan Allen
ABB Ltd. (ABBN.EB) said Tuesday that it has received a $42
million order to supply train equipment to Indian Railways, the
country's national rail operator.
The Swiss engineering group said it will supply custom-designed
converters for a fleet of electric locomotives in Varanasi.
The converters will be manufactured in ABB's plant in
Nelamangala, near Bengaluru in southern India, the company
said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
February 19, 2019 03:53 ET (08:53 GMT)
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