Alstom keen on bidding for rail projects under PPP mode

Written by Pallavi Ail | Paris | Updated: Sep 29 2014, 06:25am hrs
Turbine and train manufacturer Alstom India is interested in bidding for projects announced under the railway ministrys new public-private partnership model, including the high-speed rail network, says Henri Poupart-Lafarge, president of Alstom Transport, the French parent of the India-incorporated firm.

Lafarge remains unfazed by the keen interest shown by Japanese and Chinese players in these projects.

The good news is that India is such a market that there is place for everybody, he said, adding that public financing of projects will be a factor to pay close attention to.

It is still early days but we see this momentum as very positive and we are happy to participate in these PPPs, Lafarge said. He was talking to journalists during Innotrans an international railway trade transport fair held in Berlin every two years.

Lafarge said public funding was of vital importance in developing any transport system.We are not at all reluctant to establishing partnerships, he said during the press conference.

The Narendra Modi-led government has taken a strong stance on developing the nations railway network. Union railway minister DV Sadananda Gowda had said the bulk of Indias future projects, including high-speed rail, will be financed through the PPP mode.

The companys manufacturing facility in Sricity was awarded a R1,471-crore contract in 2012 for supplying 168 coaches for the Chennai metro. It will start delivery in 2014.

We will be expanding the Sricity plant to meet the demand of the Indian market as well as to cater to the overseas market, Alstom Transport India managing director Bharat Salhotra, said.

The reporters visit to Innotrans was sponsored by Alstom