ABB wins $70 million order to modernise locomotives for SBB
Switzerland, Zurich: ABB has won a $70 million order to supply SBB with the latest generation of traction converters.
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Switzerland, Zurich: ABB has won a $70 million order to supply SBB with the latest generation of traction converters.
“This is very good news for ABB and good news for our Swiss operations. This order builds on our long standing excellent relationship with SBB and our expertise as the supplier of choice to modernise train fleets. Our rail business has had a very good year so far.” said Ulrich Spiesshofer, CEO of ABB.
SBB will invest a total of around CHF 230 million ($242 million) in a comprehensive modernisation programme to make its locomotive fleet of the type RE 460 more energy efficient, reliable and to extend the life span of the fleet by another 20 years.
ABB will engineer and supply traction converters of the latest generation, which ABB develops and produces in Turgi, Switzerland. The order includes the option to supply further 38 traction converters.
The first retrofitted locomotive will be delivered in late 2015. After successful testing and evaluation, the remainder of the locomotives will be built incrementally through the end of 2021.
Source: ABB
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