The Siemens-RVNL consortium has received a letter of acceptance (LoA) from Bangalore Metro Rail Corporation.
The order involves engineering, supply, erection, testing and commissioning of 33 kV distribution, 750V DC third rail traction electrification including traction substations, auxiliary substations and SCADA System for Phase-2A & Phase 2B.
The contract, valued at Rs 394.2 crore, is slated for completion within 32 months. Siemens holds 70 percent share, while RVNL owns the remaining 30 percent in the consortium.