Siemens shares will be in focus on Monday after the company announced on Friday that it has secured two orders worth Rs 773 crore from Maharashtra Metro Rail Corporation Ltd (MAHA-METRO) to provide advanced signalling and telecommunication technologies for the Nagpur Metro Rail project.The total project execution period is approximately 42 months, the company said in a statement.Siemens has received two separate orders from MAHA-METRO for the design, manufacture, supply, installation, testing, and commissioning of Communication-Based Train Control (CBTC) signalling technology and advanced telecommunication systems.
The scope covers Phase 2 of the Nagpur Metro project, including the augmentation of Phase 1.The project spans 32 stations over a 43.8-kilometre network and will utilise Siemens metro technologies to increase train frequency, improve passenger experience, and ensure top-tier safety standards.According to Siemens, the solutions are expected to enable 100% punctuality, energy efficiency, and optimised headways, while maintaining the highest levels of safety across the metro network.Live EventsRajeev Joisar, Head of Mobility Business at Siemens, said, The project will contribute significantly to the sustainable urban development of Nagpur.
It further demonstrates Siemens ability to deliver end-to-end mobility solutions integrating automation, digitalisation, and sustainability for Indias urban future.Siemens is a global technology leader in industry, infrastructure, and mobility, helping customers accelerate digital and sustainability transitions by integrating physical and digital solutions across sectors like factories, cities, and transport.