Indian multinational firm Titagarh Wagons Ltd’s wholly-owned Italian subsidiary Titagarh Firema S P A will be building over one hundred aluminium-bodied rail coaches for Pune Metro, marking the first time such coaches will be built on the subcontinent.
Per local media, the Kolkata-based firm won the bid to produce 102 of the ultra-modern metro rail coaches. This order adds to an already-long backlog for the firm’s aluminium-bodied rail coaches, as it was recently the recipient of a letter of acceptance from the public transit authority in Ferrovia Circumetnea, Italy for a bid to build 54 such coaches. The project has an estimated value to Titagarh of €216 million.
Titagarh is also laboring under a contract with Kolkata Metro Railway to rehabilitate 56 existing coaches. Other projects currently underway at the firm include an accreditation from the Indian Defence Ministry to build a 120m (394’) non-weapon platform and several types of yardcraft. Titagarh is also under contract with the Indian Navy to build two 1,000-ton oil tankers for a consideration of ₹750 million.