The corridor with 23 stations is the first metro project in the country under the new metro rail policy and will be built under the public private partnership route, a statement from Siemens said on Monday.
Siemens is part of the consortium along with Siemens AG, Siemens Mobility GmbH and Alstom Transport India and the JV is called Pune IT City Metro Rail, which is a special purpose company. Siemens’ scope of work includes project management, turnkey electrification, signalling, communications and depot works or equipment, it added.
The contract is the electrical and mechanical system works of the project to be completed in 39 months, Siemens said.
”Siemens is glad to be partnering with the Tatas to jointly develop the Pune metro. We are confident that the new metro line will play a key role in positively impacting the quality of life of citizens to transform their everyday,” he said.
Siemens Financial Services invests in infrastructure projects around the world. Through PPPs, it is able to help cities meet their goals of obtaining intelligent infrastructure solutions and enable smarter, more sustainable transportation networks.
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