Indian Railways awarded contracts to General Electric Co. (GE) and Alstom to set up diesel and electric locomotive factories in Bihar at a cost of about Rs.40,000 crore. The diesel locomotive factory in Marhora will cost Rs.2,052 crore and the facility to manufacture electrical engines in Madhepura will require an investment of Rs.1,293.57 crore.



The projects, which will be closely monitored by the Prime Minister’s office, will involve manufacturing 1,000 diesel locomotives and 800 electric locomotives over the next 10 years and are together worth about Rs.40,000 crore.The contract agreements with GE and Alstom will be signed in a month.

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